PPP Loan information for S.b.m.c., inc.

$666,880

S.b.m.c., inc. was initially approved for PPP Loan of amount $666,880, the current approved amount is $666,880. The loan was approved on 04/14/2020 by The Cadence Bank reported 114 jobs and $666,880 was used to fund payroll.

S.b.m.c., inc. is Existing or more than 2 years old

S.B.M.C., INC.

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

S.B.M.C., INC.

Borrower Address

516A CRUISE STREET

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38835

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

666880.00

Current Approval Amount

666880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38835-0001

CD

MS-01

Jobs Reported

114

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

666880.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

674956.66

Forgiveness Date

07/06/2021

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