PPP Loan information for The montgomery institute inc

$54,600

The montgomery institute inc was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 04/15/2020 by The Community Bank of Mississippi reported 8 jobs and $54,600 was used to fund payroll.

The montgomery institute inc is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / The montgomery institute inc

THE MONTGOMERY INSTITUTE INC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE MONTGOMERY INSTITUTE INC

Borrower Address

200 24TH AVE

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-5954

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

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

39301-5954

CD

MS-03

Jobs Reported

8

NAICS Code

813211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7400.00

Payroll Proceed

42500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4700.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

55002.39

Forgiveness Date

01/12/2021

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