PPP Loan information for Cooper electric motor service, inc.

$116,200

Cooper electric motor service, inc. was initially approved for PPP Loan of amount $116,200, the current approved amount is $116,200. The loan was approved on 04/10/2020 by The Community Bank of Mississippi reported 17 jobs and $116,200 was used to fund payroll.

Cooper electric motor service, inc. is Existing or more than 2 years old

PPP Loan Search / MS / RICHLAND / Cooper electric motor service, inc.

COOPER ELECTRIC MOTOR SERVICE, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COOPER ELECTRIC MOTOR SERVICE, INC.

Borrower Address

102 KATIE ST

Borrower City

RICHLAND

Borrower State

MS

Borrower Zip

39218-4301

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116200.00

Current Approval Amount

116200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

RANKIN

Project State

MS

Project Zip

39218-4301

CD

MS-03

Jobs Reported

17

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14520.00

Payroll Proceed

96652.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5028.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106808.10

Forgiveness Date

11/12/2020

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