PPP Loan information for Tower finance company of newton, inc

$11,500

Tower finance company of newton, inc was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 04/11/2020 by The Community Bank of Mississippi reported 2 jobs and $11,500 was used to fund payroll.

Tower finance company of newton, inc is Existing or more than 2 years old

TOWER FINANCE COMPANY OF NEWTON, INC

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TOWER FINANCE COMPANY OF NEWTON, INC

Borrower Address

302 NORTHSIDE DR

Borrower City

NEWTON

Borrower State

MS

Borrower Zip

39345-2378

Loan Status Date

06/07/2022

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

NEWTON

Project State

MS

Project Zip

39345-2378

CD

MS-03

Jobs Reported

2

NAICS Code

522291

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1300.00

Payroll Proceed

10200.00

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

Subchapter S 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

0.00

Forgiveness Date

;