PPP Loan information for The alliance

$76,664

The alliance was initially approved for PPP Loan of amount $76,664, the current approved amount is $76,664. The loan was approved on 02/11/2021 by The Farmers and Merchants Bank reported 6 jobs and $76,664 was used to fund payroll.

The alliance is Existing or more than 2 years old

THE ALLIANCE

Date Approved

02/11/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE ALLIANCE

Borrower Address

502 Wick St

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-5609

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76664.00

Current Approval Amount

76664.00

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

Corinth

Project County Name

ALCORN

Project State

MS

Project Zip

38834-5609

CD

MS-01

Jobs Reported

6

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

76662.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

76930.19

Forgiveness Date

06/25/2021

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