PPP Loan information for The philadelphia motor company

$69,011

The philadelphia motor company was initially approved for PPP Loan of amount $69,011, the current approved amount is $69,011. The loan was approved on 04/07/2020 by The The Commercial Bank reported 10 jobs and $69,011 was used to fund payroll.

The philadelphia motor company is Existing or more than 2 years old

THE PHILADELPHIA MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE PHILADELPHIA MOTOR COMPANY

Borrower Address

241 Byrd Ave

Borrower City

PHILADELPHIA

Borrower State

MS

Borrower Zip

39350

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69010.82

Current Approval Amount

69010.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39197

Servicing Lender Name

The Commercial Bank

Servicing Lender Address

175 Hopper St

Servicing Lender City

DE KALB

Servicing Lender State

MS

Servicing Lender Zip

39328-9808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHILADELPHIA

Project County Name

NESHOBA

Project State

MS

Project Zip

39350-0001

CD

MS-03

Jobs Reported

10

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69010.82

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

Subchapter S Corporation

Originating Lender Location Id

39197

Originating Lender

The Commercial Bank

Originating Lender City

DE KALB

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69515.64

Forgiveness Date

01/07/2021

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