PPP Loan information for Precision quick lube

$42,700

Precision quick lube was initially approved for PPP Loan of amount $48,000, the current approved amount is $42,700. The loan was approved on 04/13/2020 by The Community Bank of Mississippi reported 9 jobs and $42,700 was used to fund payroll.

Precision quick lube is Existing or more than 2 years old

PRECISION QUICK LUBE

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PRECISION QUICK LUBE

Borrower Address

912 N 16TH AVE

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-3362

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48000.00

Current Approval Amount

42700.00

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

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-3362

CD

MS-04

Jobs Reported

9

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42700.00

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

Sole Proprietorship

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42977.26

Forgiveness Date

12/16/2020

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