PPP Loan information for Stokes distributing co., inc

$740,300

Stokes distributing co., inc was initially approved for PPP Loan of amount $740,300, the current approved amount is $740,300. The loan was approved on 04/05/2020 by The Community Bank of Mississippi reported 87 jobs and $740,300 was used to fund payroll.

Stokes distributing co., inc is Existing or more than 2 years old

STOKES DISTRIBUTING CO., INC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

STOKES DISTRIBUTING CO., INC

Borrower Address

12 STOKES DR

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-9084

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740300.00

Current Approval Amount

740300.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-9084

CD

MS-04

Jobs Reported

87

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93400.00

Payroll Proceed

611500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35400.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

747094.53

Forgiveness Date

03/10/2021

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