PPP Loan information for Tom's automotive service inc

$195,730

Tom's automotive service inc was initially approved for PPP Loan of amount $195,730, the current approved amount is $195,730. The loan was approved on 02/10/2021 by The Community Bank of Mississippi reported 16 jobs and $195,730 was used to fund payroll.

Tom's automotive service inc is Existing or more than 2 years old

TOM'S AUTOMOTIVE SERVICE INC

Date Approved

02/10/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

TOM'S AUTOMOTIVE SERVICE INC

Borrower Address

317 Magazine St

Borrower City

Tupelo

Borrower State

MS

Borrower Zip

38804-4865

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195729.50

Current Approval Amount

195729.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tupelo

Project County Name

LEE

Project State

MS

Project Zip

38804-4865

CD

MS-01

Jobs Reported

16

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195729.50

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

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197080.84

Forgiveness Date

10/25/2021

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