PPP Loan information for Laurel mercantile company

$75,000

Laurel mercantile company was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/09/2020 by The Community Bank of Mississippi reported 19 jobs and $75,000 was used to fund payroll.

Laurel mercantile company is Existing or more than 2 years old

LAUREL MERCANTILE COMPANY

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LAUREL MERCANTILE COMPANY

Borrower Address

317 W OAK ST

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-3950

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

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

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-3950

CD

MS-04

Jobs Reported

19

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9700.00

Payroll Proceed

64300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75491.10

Forgiveness Date

12/14/2020

;