PPP Loan information for Old river companies inc

$2,000,000

Old river companies inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Origin Bank reported 164 jobs and $2,000,000 was used to fund payroll.

Old river companies inc is Existing or more than 2 years old

OLD RIVER COMPANIES INC

Date Approved

01/29/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

OLD RIVER COMPANIES INC

Borrower Address

139 Old Highway 49 S

Borrower City

Richland

Borrower State

MS

Borrower Zip

39218-9487

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Volvo Trucks North America - Dealer Sales and Service Agreement

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richland

Project County Name

RANKIN

Project State

MS

Project Zip

39218-9487

CD

MS-03

Jobs Reported

164

NAICS Code

532120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Corporation

Originating Lender Location Id

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016833.33

Forgiveness Date

12/07/2021

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