PPP Loan information for Palmer insurance agency, inc

$37,700

Palmer insurance agency, inc was initially approved for PPP Loan of amount $37,700, the current approved amount is $37,700. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 4 jobs and $37,700 was used to fund payroll.

Palmer insurance agency, inc is Existing or more than 2 years old

PALMER INSURANCE AGENCY, INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PALMER INSURANCE AGENCY, INC

Borrower Address

230 EAST MAIN ST

Borrower City

FOREST

Borrower State

MS

Borrower Zip

39074-4132

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37700.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

SCOTT

Project State

MS

Project Zip

39074-4132

CD

MS-03

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8608.00

Payroll Proceed

27620.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1472.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37906.58

Forgiveness Date

11/02/2020

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