PPP Loan information for Farrell gin company inc.

$372,400

Farrell gin company inc. was initially approved for PPP Loan of amount $372,400, the current approved amount is $372,400. The loan was approved on 03/12/2021 by The Planters Bank & Trust Company reported 59 jobs and $372,400 was used to fund payroll.

Farrell gin company inc. is Existing or more than 2 years old

FARRELL GIN COMPANY INC.

Date Approved

03/12/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FARRELL GIN COMPANY INC.

Borrower Address

11107 Highway 1

Borrower City

Clarksdale

Borrower State

MS

Borrower Zip

38614

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372400.00

Current Approval Amount

372400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clarksdale

Project County Name

COAHOMA

Project State

MS

Project Zip

38614

CD

MS-02

Jobs Reported

59

NAICS Code

115111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372395.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

235604.46

Forgiveness Date

10/06/2021

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