PPP Loan information for Mid-delta cotton processors inc

$77,813

Mid-delta cotton processors inc was initially approved for PPP Loan of amount $77,813, the current approved amount is $77,813. The loan was approved on 04/06/2021 by The Guaranty Bank & Trust Company reported 4 jobs and $77,813 was used to fund payroll.

Mid-delta cotton processors inc is Existing or more than 2 years old

PPP Loan Search / MS / Belzoni / Mid-delta cotton processors inc

MID-DELTA COTTON PROCESSORS INC

Date Approved

04/06/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MID-DELTA COTTON PROCESSORS INC

Borrower Address

874 Gooden Lake Rd

Borrower City

Belzoni

Borrower State

MS

Borrower Zip

39038-4092

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77812.50

Current Approval Amount

77812.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belzoni

Project County Name

HUMPHREYS

Project State

MS

Project Zip

39038-4092

CD

MS-02

Jobs Reported

4

NAICS Code

115111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77809.50

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

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78068.32

Forgiveness Date

08/11/2021

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