PPP Loan information for Wayne's tire center

$50,000

Wayne's tire center was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/15/2020 by The Community Bank of Mississippi reported 8 jobs and $50,000 was used to fund payroll.

Wayne's tire center is Existing or more than 2 years old

WAYNE'S TIRE CENTER

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WAYNE'S TIRE CENTER

Borrower Address

278 HIGHWAY 18

Borrower City

BAY SPRINGS

Borrower State

MS

Borrower Zip

39422-5106

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

BAY SPRINGS

Project County Name

SMITH

Project State

MS

Project Zip

39422-5106

CD

MS-03

Jobs Reported

8

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6550.88

Payroll Proceed

0.00

Mortgage Interest Proceed

38406.74

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5042.38

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

50321.92

Forgiveness Date

12/09/2020

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