PPP Loan information for Continental rails inc

$380,300

Continental rails inc was initially approved for PPP Loan of amount $380,300, the current approved amount is $380,300. The loan was approved on 04/10/2020 by The Community Bank of Mississippi reported 31 jobs and $380,300 was used to fund payroll.

Continental rails inc is Existing or more than 2 years old

PPP Loan Search / MS / HATTIESBURG / Continental rails inc

CONTINENTAL RAILS INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CONTINENTAL RAILS INC

Borrower Address

62 CHESTER BROWN RD

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-8857

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380300.00

Current Approval Amount

380300.00

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

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-8857

CD

MS-04

Jobs Reported

31

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46230.00

Payroll Proceed

330344.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3726.00

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

Non-Veteran

Non Profit

Forgiveness Amount

383957.13

Forgiveness Date

03/31/2021

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