PPP Loan information for Laurel machine and foundry company

$1,209,306

Laurel machine and foundry company was initially approved for PPP Loan of amount $1,209,306, the current approved amount is $1,209,306. The loan was approved on 02/06/2021 by The Community Bank of Mississippi reported 124 jobs and $1,209,306 was used to fund payroll.

Laurel machine and foundry company is Existing or more than 2 years old

PPP Loan Search / MS / Laurel / Laurel machine and foundry company

LAUREL MACHINE AND FOUNDRY COMPANY

Date Approved

02/06/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

LAUREL MACHINE AND FOUNDRY COMPANY

Borrower Address

810 Front St

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39440-3548

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1209305.53

Current Approval Amount

1209305.53

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

Laurel

Project County Name

JONES

Project State

MS

Project Zip

39440-3548

CD

MS-04

Jobs Reported

124

NAICS Code

333249

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1209305.53

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

Unanswered

Non Profit

Forgiveness Amount

1225639.44

Forgiveness Date

06/17/2022

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