PPP Loan information for Jerry's automotive repair, inc

$112,500

Jerry's automotive repair, inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/09/2020 by The Community Bank of Mississippi reported 11 jobs and $112,500 was used to fund payroll.

Jerry's automotive repair, inc is Existing or more than 2 years old

JERRY'S AUTOMOTIVE REPAIR, INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

JERRY'S AUTOMOTIVE REPAIR, INC

Borrower Address

5101 OLD HIGHWAY 42

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-2870

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-2870

CD

MS-04

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14299.09

Payroll Proceed

94041.13

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4159.78

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

Non-Veteran

Non Profit

Forgiveness Amount

113236.64

Forgiveness Date

12/09/2020

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