PPP Loan information for Kims automotive inc

$399,400

Kims automotive inc was initially approved for PPP Loan of amount $399,400, the current approved amount is $399,400. The loan was approved on 04/09/2020 by The Community Bank of Mississippi reported 45 jobs and $399,400 was used to fund payroll.

Kims automotive inc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Kims automotive inc

KIMS AUTOMOTIVE INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

KIMS AUTOMOTIVE INC

Borrower Address

2516 HIGHWAY 15 N

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-1827

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399400.00

Current Approval Amount

399400.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-1827

CD

MS-04

Jobs Reported

45

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

51300.00

Payroll Proceed

334900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13200.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

402584.26

Forgiveness Date

02/02/2021

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