PPP Loan information for Hood motor co llc

$324,420

Hood motor co llc was initially approved for PPP Loan of amount $324,420, the current approved amount is $324,420. The loan was approved on 04/09/2020 by The The First Bank reported 34 jobs and $324,420 was used to fund payroll.

Hood motor co llc is Existing or more than 2 years old

HOOD MOTOR CO LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

HOOD MOTOR CO LLC

Borrower Address

11239 HIGHWAY 16

Borrower City

AMITE

Borrower State

LA

Borrower Zip

70422-4147

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324420.00

Current Approval Amount

324420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMITE

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70422-4147

CD

LA-05

Jobs Reported

34

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16420.00

Payroll Proceed

252000.00

Mortgage Interest Proceed

0.00

Rent Proceed

48000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327357.80

Forgiveness Date

03/10/2021

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