PPP Loan information for Hobb's automotive inc

$681,800

Hobb's automotive inc was initially approved for PPP Loan of amount $681,800, the current approved amount is $681,800. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 70 jobs and $681,800 was used to fund payroll.

Hobb's automotive inc is Existing or more than 2 years old

HOBB'S AUTOMOTIVE INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

HOBB'S AUTOMOTIVE INC

Borrower Address

1030 HIGHWAY 15

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-2648

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

681800.00

Current Approval Amount

681800.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-2648

CD

MS-04

Jobs Reported

70

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

87522.88

Payroll Proceed

559782.01

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34495.11

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

687235.72

Forgiveness Date

02/02/2021

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