PPP Loan information for Douglas recycling

$32,300

Douglas recycling was initially approved for PPP Loan of amount $117,500, the current approved amount is $32,300. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 5 jobs and $32,300 was used to fund payroll.

Douglas recycling is Existing or more than 2 years old

DOUGLAS RECYCLING

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DOUGLAS RECYCLING

Borrower Address

PO BOX 643

Borrower City

MOOREVILLE

Borrower State

MS

Borrower Zip

38857

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117500.00

Current Approval Amount

32300.20

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

MOOREVILLE

Project County Name

LEE

Project State

MS

Project Zip

38857-0001

CD

MS-01

Jobs Reported

5

NAICS Code

562998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32300.20

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

Corporation

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

32521.82

Forgiveness Date

12/17/2020

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