PPP Loan information for Laurel ford mississippi, inc

$551,390

Laurel ford mississippi, inc was initially approved for PPP Loan of amount $551,390, the current approved amount is $551,390. The loan was approved on 04/07/2020 by The The First Bank reported 58 jobs and $551,390 was used to fund payroll.

Laurel ford mississippi, inc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Laurel ford mississippi, inc

LAUREL FORD MISSISSIPPI, INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LAUREL FORD MISSISSIPPI, INC

Borrower Address

2018 HIGHWAY 15 N

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-1837

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551390.00

Current Approval Amount

551390.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-1837

CD

MS-04

Jobs Reported

58

NAICS Code

441110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10426.00

Payroll Proceed

413542.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37422.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556720.10

Forgiveness Date

03/31/2021

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