PPP Loan information for Michael lofton

$20,833

Michael lofton was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/05/2021 by The First Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael lofton is Existing or more than 2 years old

MICHAEL LOFTON

Date Approved

02/05/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MICHAEL LOFTON

Borrower Address

3237 Harmony Dr SE

Borrower City

Brookhaven

Borrower State

MS

Borrower Zip

39601-9591

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.35

Current Approval Amount

20833.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39559

Servicing Lender Name

First Bank

Servicing Lender Address

100 S Broadway St

Servicing Lender City

MCCOMB

Servicing Lender State

MS

Servicing Lender Zip

39648-4143

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookhaven

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-9591

CD

MS-03

Jobs Reported

1

NAICS Code

112390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.35

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

Sole Proprietorship

Originating Lender Location Id

39559

Originating Lender

First Bank

Originating Lender City

MCCOMB

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21010.43

Forgiveness Date

12/09/2021

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