PPP Loan information for Forest auto sales inc

$44,800

Forest auto sales inc was initially approved for PPP Loan of amount $44,800, the current approved amount is $44,800. The loan was approved on 04/06/2020 by The Bank of Forest reported 5 jobs and $44,800 was used to fund payroll.

Forest auto sales inc is Existing or more than 2 years old

PPP Loan Search / MS / FOREST / Forest auto sales inc

FOREST AUTO SALES INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FOREST AUTO SALES INC

Borrower Address

1009 HIGHWAY 35

Borrower City

FOREST

Borrower State

MS

Borrower Zip

39074-4000

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44800.00

Current Approval Amount

44800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39214

Servicing Lender Name

Bank of Forest

Servicing Lender Address

211 W Third St

Servicing Lender City

FOREST

Servicing Lender State

MS

Servicing Lender Zip

39074-4105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

SCOTT

Project State

MS

Project Zip

39074-4000

CD

MS-03

Jobs Reported

5

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

36100.00

Mortgage Interest Proceed

6000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39214

Originating Lender

Bank of Forest

Originating Lender City

FOREST

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45111.11

Forgiveness Date

12/22/2020

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