PPP Loan information for Ormon farms inc

$18,000

Ormon farms inc was initially approved for PPP Loan of amount $18,000, the current approved amount is $18,000. The loan was approved on 04/06/2020 by The The Peoples Bank reported 1 jobs and $18,000 was used to fund payroll.

Ormon farms inc is Existing or more than 2 years old

ORMON FARMS INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ORMON FARMS INC

Borrower Address

691 Beck Springs Road

Borrower City

HICKORY FLAT

Borrower State

MS

Borrower Zip

38633-8018

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18000.00

Current Approval Amount

18000.00

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

HICKORY FLAT

Project County Name

BENTON

Project State

MS

Project Zip

38633-8018

CD

MS-01

Jobs Reported

1

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1800.00

Payroll Proceed

14400.00

Mortgage Interest Proceed

1800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

18148.44

Forgiveness Date

02/11/2021

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