PPP Loan information for J & b motorsports

$129,119

J & b motorsports was initially approved for PPP Loan of amount $99,900, the current approved amount is $129,119. The loan was approved on 04/07/2020 by The The Citizens National Bank of Meridian reported 11 jobs and $129,119 was used to fund payroll.

J & b motorsports is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / J & b motorsports

J & B MOTORSPORTS

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

J & B MOTORSPORTS

Borrower Address

5656 A GOODMAN RD

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-7901

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99900.00

Current Approval Amount

129119.00

Undisbursed Amount

0.00

Franchise Name

Suzuki Motorcycle/ATV Dealer Agreement

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-7901

CD

MS-01

Jobs Reported

11

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129119.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

130012.07

Forgiveness Date

12/15/2020

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