PPP Loan information for Powell transportation company inc.

$1,117,868

Powell transportation company inc. was initially approved for PPP Loan of amount $1,117,868, the current approved amount is $1,117,868. The loan was approved on 04/05/2020 by The The First Bank reported 89 jobs and $1,117,868 was used to fund payroll.

Powell transportation company inc. is Existing or more than 2 years old

PPP Loan Search / MS / COLUMBIA / Powell transportation company inc.

POWELL TRANSPORTATION COMPANY INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

POWELL TRANSPORTATION COMPANY INC.

Borrower Address

2348 HIGHWAY 98

Borrower City

COLUMBIA

Borrower State

MS

Borrower Zip

39429-8052

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1117867.50

Current Approval Amount

1117867.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

MARION

Project State

MS

Project Zip

39429-8052

CD

MS-04

Jobs Reported

89

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

838402.00

Mortgage Interest Proceed

279465.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

1132151.36

Forgiveness Date

07/20/2021

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