PPP Loan information for Donald elam

$29,837

Donald elam was initially approved for PPP Loan of amount $29,837, the current approved amount is $29,837. The loan was approved on 05/29/2021 by The Farmers and Merchants Bank reported 3 jobs and $29,837 was used to fund payroll.

Donald elam is Existing or more than 2 years old

DONALD ELAM

Date Approved

05/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

DONALD ELAM

Borrower Address

45 County Road 647

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-8503

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29837.30

Current Approval Amount

29837.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corinth

Project County Name

ALCORN

Project State

MS

Project Zip

38834-8503

CD

MS-01

Jobs Reported

3

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29831.30

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30057.76

Forgiveness Date

02/23/2022

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