PPP Loan information for Farmers marketing association

$50,300

Farmers marketing association was initially approved for PPP Loan of amount $50,300, the current approved amount is $50,300. The loan was approved on 03/02/2021 by The First Choice Bank reported 6 jobs and $50,300 was used to fund payroll.

Farmers marketing association is Existing or more than 2 years old

FARMERS MARKETING ASSOCIATION

Date Approved

03/02/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

FARMERS MARKETING ASSOCIATION

Borrower Address

550 Cruse Dr

Borrower City

Pontotoc

Borrower State

MS

Borrower Zip

38863-9304

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50300.00

Current Approval Amount

50300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39688

Servicing Lender Name

First Choice Bank

Servicing Lender Address

19 S Main St

Servicing Lender City

PONTOTOC

Servicing Lender State

MS

Servicing Lender Zip

38863-2821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pontotoc

Project County Name

PONTOTOC

Project State

MS

Project Zip

38863-9304

CD

MS-01

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50298.00

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

Non-Profit Organization

Originating Lender Location Id

39688

Originating Lender

First Choice Bank

Originating Lender City

PONTOTOC

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50541.72

Forgiveness Date

08/25/2021

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