PPP Loan information for West main auto sales inc

$113,500

West main auto sales inc was initially approved for PPP Loan of amount $113,500, the current approved amount is $113,500. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 9 jobs and $113,500 was used to fund payroll.

West main auto sales inc is Existing or more than 2 years old

PPP Loan Search / MS / TUPELO / West main auto sales inc

WEST MAIN AUTO SALES INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WEST MAIN AUTO SALES INC

Borrower Address

2607 West Main Street

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38801-3021

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113500.00

Current Approval Amount

113500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

Y

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

38801-3021

CD

MS-01

Jobs Reported

9

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113500.00

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

Corporation

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114259.82

Forgiveness Date

12/08/2020

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