PPP Loan information for Mex-tex foods, inc

$62,000

Mex-tex foods, inc was initially approved for PPP Loan of amount $62,000, the current approved amount is $62,000. The loan was approved on 04/04/2020 by The Peoples Independent Bank reported 16 jobs and $62,000 was used to fund payroll.

Mex-tex foods, inc is Existing or more than 2 years old

MEX-TEX FOODS, INC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MEX-TEX FOODS, INC

Borrower Address

1402 COUNTY PARK RD

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35769-3912

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62000.00

Current Approval Amount

62000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35769-3912

CD

AL-05

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

46500.00

Mortgage Interest Proceed

0.00

Rent Proceed

9500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62473.61

Forgiveness Date

01/07/2021

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