PPP Loan information for Magee cooperative

$63,000

Magee cooperative was initially approved for PPP Loan of amount $63,000, the current approved amount is $63,000. The loan was approved on 04/28/2020 by The Peoples Bank reported 22 jobs and $63,000 was used to fund payroll.

Magee cooperative is Existing or more than 2 years old

PPP Loan Search / MS / MAGEE / Magee cooperative

MAGEE COOPERATIVE

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGEE COOPERATIVE

Borrower Address

714 CO OP RD

Borrower City

MAGEE

Borrower State

MS

Borrower Zip

39111-4238

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63000.00

Current Approval Amount

63000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39596

Servicing Lender Name

Peoples Bank

Servicing Lender Address

160 E Maud Ave

Servicing Lender City

MENDENHALL

Servicing Lender State

MS

Servicing Lender Zip

39114-3575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAGEE

Project County Name

SIMPSON

Project State

MS

Project Zip

39111-4238

CD

MS-03

Jobs Reported

22

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

39596

Originating Lender

Peoples Bank

Originating Lender City

MENDENHALL

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63338.30

Forgiveness Date

11/12/2020

;