PPP Loan information for Jennings welding & machine works, inc.

$80,100

Jennings welding & machine works, inc. was initially approved for PPP Loan of amount $80,100, the current approved amount is $80,100. The loan was approved on 04/10/2020 by The Community Bank of Mississippi reported 10 jobs and $80,100 was used to fund payroll.

Jennings welding & machine works, inc. is Existing or more than 2 years old

PPP Loan Search / MS / INDIANOLA / Jennings welding & machine works, inc.

JENNINGS WELDING & MACHINE WORKS, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

JENNINGS WELDING & MACHINE WORKS, INC.

Borrower Address

1273 Highway 82 E

Borrower City

INDIANOLA

Borrower State

MS

Borrower Zip

38751-2310

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80100.00

Current Approval Amount

80100.00

Undisbursed Amount

0.00

Franchise Name

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

INDIANOLA

Project County Name

SUNFLOWER

Project State

MS

Project Zip

38751-2310

CD

MS-02

Jobs Reported

10

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10273.56

Payroll Proceed

68679.28

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1147.16

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80571.82

Forgiveness Date

11/17/2020

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