PPP Loan information for Tom's automotive service, inc

$195,000

Tom's automotive service, inc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 18 jobs and $195,000 was used to fund payroll.

Tom's automotive service, inc is Existing or more than 2 years old

PPP Loan Search / MS / TUPELO / Tom's automotive service, inc

TOM'S AUTOMOTIVE SERVICE, INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TOM'S AUTOMOTIVE SERVICE, INC

Borrower Address

4865 MAGAZINE ST

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38804-4865

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38804-4865

CD

MS-01

Jobs Reported

18

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24344.73

Payroll Proceed

161305.45

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9349.82

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

Non-Veteran

Non Profit

Forgiveness Amount

196453.15

Forgiveness Date

01/07/2021

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