PPP Loan information for Mays distributing company inc.

$372,068

Mays distributing company inc. was initially approved for PPP Loan of amount $372,068, the current approved amount is $372,068. The loan was approved on 01/21/2021 by The Troy Bank & Trust Company reported 53 jobs and $372,068 was used to fund payroll.

Mays distributing company inc. is Existing or more than 2 years old

PPP Loan Search / AL / Union Springs / Mays distributing company inc.

MAYS DISTRIBUTING COMPANY INC.

Date Approved

01/21/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MAYS DISTRIBUTING COMPANY INC.

Borrower Address

102 Martin Luther King Blvd N

Borrower City

Union Springs

Borrower State

AL

Borrower Zip

36089-1667

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372067.69

Current Approval Amount

372067.69

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union Springs

Project County Name

BULLOCK

Project State

AL

Project Zip

36089-1667

CD

AL-02

Jobs Reported

53

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

372065.69

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

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

375604.88

Forgiveness Date

01/11/2022

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