PPP Loan information for Simply sweet by margarete llc

$40,941

Simply sweet by margarete llc was initially approved for PPP Loan of amount $40,941, the current approved amount is $40,941. The loan was approved on 05/15/2021 by The Farmers and Merchants Bank reported 7 jobs and $40,941 was used to fund payroll.

Simply sweet by margarete llc is Existing or more than 2 years old

SIMPLY SWEET BY MARGARETE LLC

Date Approved

05/15/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SIMPLY SWEET BY MARGARETE LLC

Borrower Address

189 S Green St

Borrower City

Tupelo

Borrower State

MS

Borrower Zip

38804-4726

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40940.82

Current Approval Amount

40940.82

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tupelo

Project County Name

LEE

Project State

MS

Project Zip

38804-4726

CD

MS-01

Jobs Reported

7

NAICS Code

311811

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40934.82

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

Single Member LLC

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41039.76

Forgiveness Date

08/16/2021

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