PPP Loan information for Hammett motor co inc

$61,800

Hammett motor co inc was initially approved for PPP Loan of amount $61,800, the current approved amount is $61,800. The loan was approved on 04/15/2020 by The BankPlus reported 9 jobs and $61,800 was used to fund payroll.

Hammett motor co inc is Existing or more than 2 years old

PPP Loan Search / MS / DURANT / Hammett motor co inc

HAMMETT MOTOR CO INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

HAMMETT MOTOR CO INC

Borrower Address

16041 N JACKSON ST

Borrower City

DURANT

Borrower State

MS

Borrower Zip

39063-3629

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61800.00

Current Approval Amount

61800.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

HOLMES

Project State

MS

Project Zip

39063-3629

CD

MS-02

Jobs Reported

9

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6754.00

Payroll Proceed

48568.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6478.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62411.13

Forgiveness Date

04/15/2021

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