PPP Loan information for State farm insurance

$28,000

State farm insurance was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/03/2020 by The Magnolia State Bank reported 4 jobs and $28,000 was used to fund payroll.

State farm insurance is Existing or more than 2 years old

STATE FARM INSURANCE

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE

Borrower Address

P O Box 511

Borrower City

PETAL

Borrower State

MS

Borrower Zip

39465

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PETAL

Project County Name

FORREST

Project State

MS

Project Zip

39465-0001

CD

MS-04

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28000.00

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

Sole Proprietorship

Originating Lender Location Id

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28294.00

Forgiveness Date

04/27/2021

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