PPP Loan information for R & g motors inc

$12,500

R & g motors inc was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 2 jobs and $12,500 was used to fund payroll.

R & g motors inc is Existing or more than 2 years old

PPP Loan Search / MS / RIENZI / R & g motors inc

R & G MOTORS INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

R & G MOTORS INC

Borrower Address

89 CR 8120

Borrower City

RIENZI

Borrower State

MS

Borrower Zip

38865

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIENZI

Project County Name

ALCORN

Project State

MS

Project Zip

38865-0001

CD

MS-01

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

Corporation

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12618.06

Forgiveness Date

03/22/2021

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