PPP Loan information for Lamar school foundation

$537,440

Lamar school foundation was initially approved for PPP Loan of amount $537,440, the current approved amount is $537,440. The loan was approved on 04/10/2020 by The The Citizens National Bank of Meridian reported 88 jobs and $537,440 was used to fund payroll.

Lamar school foundation is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / Lamar school foundation

LAMAR SCHOOL FOUNDATION

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LAMAR SCHOOL FOUNDATION

Borrower Address

544 Lindley Rd

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39305-2301

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537440.00

Current Approval Amount

537440.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39305-2301

CD

MS-03

Jobs Reported

88

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

53744.00

Payroll Proceed

429952.00

Mortgage Interest Proceed

53744.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

540455.64

Forgiveness Date

11/03/2020

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