PPP Loan information for Indianola foods, inc

$193,402

Indianola foods, inc was initially approved for PPP Loan of amount $193,402, the current approved amount is $193,402. The loan was approved on 06/25/2020 by The Planters Bank & Trust Company reported 48 jobs and $193,402 was used to fund payroll.

Indianola foods, inc is Existing or more than 2 years old

INDIANOLA FOODS, INC

Date Approved

06/25/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

INDIANOLA FOODS, INC

Borrower Address

903 Higheay 82 East

Borrower City

INDIANOLA

Borrower State

MS

Borrower Zip

38751-2325

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193402.00

Current Approval Amount

193402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INDIANOLA

Project County Name

SUNFLOWER

Project State

MS

Project Zip

38751-2325

CD

MS-02

Jobs Reported

48

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

193402.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194138.52

Forgiveness Date

11/17/2020

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