PPP Loan information for The mcginnis lumber company

$163,800

The mcginnis lumber company was initially approved for PPP Loan of amount $163,800, the current approved amount is $163,800. The loan was approved on 04/10/2020 by The Community Bank of Mississippi reported 11 jobs and $163,800 was used to fund payroll.

The mcginnis lumber company is Existing or more than 2 years old

THE MCGINNIS LUMBER COMPANY

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE MCGINNIS LUMBER COMPANY

Borrower Address

905 22ND AVE UPPR 3

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-5025

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163800.00

Current Approval Amount

163800.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-5025

CD

MS-03

Jobs Reported

11

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25962.61

Payroll Proceed

126888.53

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10948.86

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

164859.09

Forgiveness Date

12/10/2020

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