PPP Loan information for Economy rental equipment and sales, inc

$49,300

Economy rental equipment and sales, inc was initially approved for PPP Loan of amount $49,300, the current approved amount is $49,300. The loan was approved on 04/11/2020 by The Community Bank of Mississippi reported 6 jobs and $49,300 was used to fund payroll.

Economy rental equipment and sales, inc is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / Economy rental equipment and sales, inc

ECONOMY RENTAL EQUIPMENT AND SALES, INC

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ECONOMY RENTAL EQUIPMENT AND SALES, INC

Borrower Address

8610 HIGHWAY 178

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-1202

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-1202

CD

MS-01

Jobs Reported

6

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5902.74

Payroll Proceed

43397.26

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

Subchapter S 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

49595.80

Forgiveness Date

11/19/2020

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