PPP Loan information for Lms, inc.

$395,200

Lms, inc. was initially approved for PPP Loan of amount $395,200, the current approved amount is $395,200. The loan was approved on 04/09/2020 by The Community Bank of Mississippi reported 34 jobs and $395,200 was used to fund payroll.

Lms, inc. is Existing or more than 2 years old

LMS, INC.

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LMS, INC.

Borrower Address

806 WASHINGTON AVE

Borrower City

OCEAN SPRINGS

Borrower State

MS

Borrower Zip

39564-4638

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395200.00

Current Approval Amount

395200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN SPRINGS

Project County Name

JACKSON

Project State

MS

Project Zip

39564-4638

CD

MS-04

Jobs Reported

34

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60000.00

Payroll Proceed

310200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

398448.22

Forgiveness Date

02/05/2021

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