PPP Loan information for Medical products inc

$80,400

Medical products inc was initially approved for PPP Loan of amount $80,400, the current approved amount is $80,400. The loan was approved on 04/09/2020 by The The Peoples Bank reported 11 jobs and $80,400 was used to fund payroll.

Medical products inc is Existing or more than 2 years old

MEDICAL PRODUCTS INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MEDICAL PRODUCTS INC

Borrower Address

511 EAST WALNUT ST

Borrower City

RIPLEY

Borrower State

MS

Borrower Zip

38663-2115

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80400.00

Current Approval Amount

80400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIPLEY

Project County Name

TIPPAH

Project State

MS

Project Zip

38663-2115

CD

MS-01

Jobs Reported

11

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8040.00

Payroll Proceed

64320.00

Mortgage Interest Proceed

8040.00

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

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81010.16

Forgiveness Date

01/14/2021

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