PPP Loan information for Petro chevrolet cadillac inc

$329,885

Petro chevrolet cadillac inc was initially approved for PPP Loan of amount $329,885, the current approved amount is $329,885. The loan was approved on 04/27/2020 by The The First Bank reported 22 jobs and $329,885 was used to fund payroll.

Petro chevrolet cadillac inc is New Business or 2 years or less

PETRO CHEVROLET CADILLAC INC

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PETRO CHEVROLET CADILLAC INC

Borrower Address

4012 14TH ST

Borrower City

PASCAGOULA

Borrower State

MS

Borrower Zip

39567-2406

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

329885.00

Current Approval Amount

329885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PASCAGOULA

Project County Name

JACKSON

Project State

MS

Project Zip

39567-2406

CD

MS-04

Jobs Reported

22

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13630.00

Payroll Proceed

246543.00

Mortgage Interest Proceed

9830.00

Rent Proceed

24129.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19374.00

Debt Interest Proceed

16379

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152824.61

Forgiveness Date

12/22/2021

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