PPP Loan information for M & w sales, inc

$43,400

M & w sales, inc was initially approved for PPP Loan of amount $43,400, the current approved amount is $43,400. The loan was approved on 04/05/2020 by The First American National Bank reported 7 jobs and $43,400 was used to fund payroll.

M & w sales, inc is Existing or more than 2 years old

M & W SALES, INC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

M & W SALES, INC

Borrower Address

135 2nd Street

Borrower City

BELMONT

Borrower State

MS

Borrower Zip

38827-7732

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43400.00

Current Approval Amount

43400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39314

Servicing Lender Name

First American National Bank

Servicing Lender Address

1251 First American Dr

Servicing Lender City

IUKA

Servicing Lender State

MS

Servicing Lender Zip

38852-1034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

TISHOMINGO

Project State

MS

Project Zip

38827-7732

CD

MS-01

Jobs Reported

7

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3220.00

Payroll Proceed

34781.58

Mortgage Interest Proceed

5398.42

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39314

Originating Lender

First American National Bank

Originating Lender City

IUKA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36612.42

Forgiveness Date

11/05/2020

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