PPP Loan information for Mack grubbs motors, inc

$348,800

Mack grubbs motors, inc was initially approved for PPP Loan of amount $348,800, the current approved amount is $348,800. The loan was approved on 04/04/2020 by The The First Bank reported 30 jobs and $348,800 was used to fund payroll.

Mack grubbs motors, inc is New Business or 2 years or less

PPP Loan Search / MS / COLUMBIA / Mack grubbs motors, inc

MACK GRUBBS MOTORS, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MACK GRUBBS MOTORS, INC

Borrower Address

1480 HIGHWAY 98

Borrower City

COLUMBIA

Borrower State

MS

Borrower Zip

39429-8103

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348800.00

Current Approval Amount

348800.00

Undisbursed Amount

0.00

Franchise Name

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

New Business or 2 years or less

Project City

COLUMBIA

Project County Name

MARION

Project State

MS

Project Zip

39429-8103

CD

MS-04

Jobs Reported

30

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

261600.00

Mortgage Interest Proceed

87200.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352191.11

Forgiveness Date

03/31/2021

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