PPP Loan information for The ad group

$52,900

The ad group was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 04/11/2020 by The Community Bank of Mississippi reported 4 jobs and $52,900 was used to fund payroll.

The ad group is Existing or more than 2 years old

THE AD GROUP

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE AD GROUP

Borrower Address

228 RUE PETIT BOIS STE 4

Borrower City

BILOXI

Borrower State

MS

Borrower Zip

39531-3748

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BILOXI

Project County Name

HARRISON

Project State

MS

Project Zip

39531-3748

CD

MS-04

Jobs Reported

4

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

273.00

Payroll Proceed

46932.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5695.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53324.65

Forgiveness Date

02/02/2021

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