PPP Loan information for Pennington contractors inc

$48,500

Pennington contractors inc was initially approved for PPP Loan of amount $48,500, the current approved amount is $48,500. The loan was approved on 04/28/2020 by The BankPlus reported 5 jobs and $48,500 was used to fund payroll.

Pennington contractors inc is Existing or more than 2 years old

PENNINGTON CONTRACTORS INC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PENNINGTON CONTRACTORS INC

Borrower Address

8543 BETHEL RD

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-9279

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48500.00

Current Approval Amount

48500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-9279

CD

MS-01

Jobs Reported

5

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

39000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

1900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49041.58

Forgiveness Date

06/11/2021

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