PPP Loan information for Petal first baptist church

$49,000

Petal first baptist church was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 04/05/2020 by The Magnolia State Bank reported 14 jobs and $49,000 was used to fund payroll.

Petal first baptist church is Existing or more than 2 years old

PPP Loan Search / MS / PETAL / Petal first baptist church

PETAL FIRST BAPTIST CHURCH

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PETAL FIRST BAPTIST CHURCH

Borrower Address

992 Highway 42

Borrower City

PETAL

Borrower State

MS

Borrower Zip

39465

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PETAL

Project County Name

FORREST

Project State

MS

Project Zip

39465-0001

CD

MS-04

Jobs Reported

14

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49000.00

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

Non-Profit Organization

Originating Lender Location Id

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

49619.31

Forgiveness Date

07/15/2021

;