PPP Loan information for Herrin gear chevrolet co inc

$2,435,500

Herrin gear chevrolet co inc was initially approved for PPP Loan of amount $2,435,500, the current approved amount is $2,435,500. The loan was approved on 04/08/2020 by The Regions Bank reported 217 jobs and $2,435,500 was used to fund payroll.

Herrin gear chevrolet co inc is Existing or more than 2 years old

HERRIN GEAR CHEVROLET CO INC

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

HERRIN GEAR CHEVROLET CO INC

Borrower Address

1685 HIGH ST

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39202-3522

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2435500.00

Current Approval Amount

2435500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39202-3522

CD

MS-03

Jobs Reported

217

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2435500.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2466661.05

Forgiveness Date

08/04/2021

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