PPP Loan information for Rials farms, inc.

$154,800

Rials farms, inc. was initially approved for PPP Loan of amount $154,800, the current approved amount is $154,800. The loan was approved on 04/07/2020 by The First Southern Bank reported 19 jobs and $154,800 was used to fund payroll.

Rials farms, inc. is Existing or more than 2 years old

RIALS FARMS, INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RIALS FARMS, INC.

Borrower Address

8 BENNETT RD

Borrower City

KOKOMO

Borrower State

MS

Borrower Zip

39643-4800

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154800.00

Current Approval Amount

154800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88691

Servicing Lender Name

First Southern Bank

Servicing Lender Address

1075 Hwy 98

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-3741

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

MARION

Project State

MS

Project Zip

39643-4800

CD

MS-03

Jobs Reported

19

NAICS Code

112340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

154800.00

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

Subchapter S Corporation

Originating Lender Location Id

88691

Originating Lender

First Southern Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156114.74

Forgiveness Date

02/19/2021

;