PPP Loan information for Burroughs diesel inc

$824,200

Burroughs diesel inc was initially approved for PPP Loan of amount $824,200, the current approved amount is $824,200. The loan was approved on 02/04/2021 by The Community Bank of Mississippi reported 67 jobs and $824,200 was used to fund payroll.

Burroughs diesel inc is Existing or more than 2 years old

BURROUGHS DIESEL INC

Date Approved

02/04/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

BURROUGHS DIESEL INC

Borrower Address

3626 Industrial Blvd

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39440-5839

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

824200.00

Current Approval Amount

824200.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

JONES

Project State

MS

Project Zip

39440-5839

CD

MS-04

Jobs Reported

67

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

824200.00

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

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

835061.38

Forgiveness Date

06/02/2022

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