PPP Loan information for Tousley motors inc

$50,500

Tousley motors inc was initially approved for PPP Loan of amount $50,500, the current approved amount is $50,500. The loan was approved on 04/28/2020 by The Cadence Bank reported 6 jobs and $50,500 was used to fund payroll.

Tousley motors inc is Existing or more than 2 years old

TOUSLEY MOTORS INC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TOUSLEY MOTORS INC

Borrower Address

4782 HIGHWAY 45, N

Borrower City

COLUMBUS

Borrower State

MS

Borrower Zip

39705-2919

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50500.00

Current Approval Amount

50500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

LOWNDES

Project State

MS

Project Zip

39705-2919

CD

MS-01

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50979.75

Forgiveness Date

04/26/2021

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