PPP Loan information for Majestic metals inc

$282,135

Majestic metals inc was initially approved for PPP Loan of amount $282,135, the current approved amount is $282,135. The loan was approved on 04/07/2020 by The Bank of Yazoo City reported 37 jobs and $282,135 was used to fund payroll.

Majestic metals inc is Existing or more than 2 years old

PPP Loan Search / MS / MADISON / Majestic metals inc

MAJESTIC METALS INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAJESTIC METALS INC

Borrower Address

192 American Way

Borrower City

MADISON

Borrower State

MS

Borrower Zip

39110-7968

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282134.72

Current Approval Amount

282134.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40078

Servicing Lender Name

Bank of Yazoo City

Servicing Lender Address

104 N Main St

Servicing Lender City

YAZOO CITY

Servicing Lender State

MS

Servicing Lender Zip

39194-4209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

MS

Project Zip

39110-7968

CD

MS-03

Jobs Reported

37

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

282134.72

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

Corporation

Originating Lender Location Id

40078

Originating Lender

Bank of Yazoo City

Originating Lender City

YAZOO CITY

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283717.81

Forgiveness Date

11/03/2020

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