PPP Loan information for First regional library

$694,505

First regional library was initially approved for PPP Loan of amount $694,505, the current approved amount is $694,505. The loan was approved on 04/13/2020 by The Cadence Bank reported 137 jobs and $694,505 was used to fund payroll.

First regional library is New Business or 2 years or less

PPP Loan Search / MS / HERNANDO / First regional library

FIRST REGIONAL LIBRARY

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FIRST REGIONAL LIBRARY

Borrower Address

370 W COMMERCE ST

Borrower City

HERNANDO

Borrower State

MS

Borrower Zip

38632-2130

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

694505.00

Current Approval Amount

694505.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HERNANDO

Project County Name

DESOTO

Project State

MS

Project Zip

38632-2130

CD

MS-01

Jobs Reported

137

NAICS Code

519120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694505.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

698556.28

Forgiveness Date

11/19/2020

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