PPP Loan information for Memphis propeller service inc.

$187,737

Memphis propeller service inc. was initially approved for PPP Loan of amount $187,737, the current approved amount is $187,737. The loan was approved on 01/27/2021 by The Regions Bank reported 16 jobs and $187,737 was used to fund payroll.

Memphis propeller service inc. is Existing or more than 2 years old

MEMPHIS PROPELLER SERVICE INC.

Date Approved

01/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MEMPHIS PROPELLER SERVICE INC.

Borrower Address

11098 Willow Ridge Dr

Borrower City

Olive Branch

Borrower State

MS

Borrower Zip

38654-4002

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187737.00

Current Approval Amount

187737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

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

38654-4002

CD

MS-01

Jobs Reported

16

NAICS Code

488190

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187737.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189341.77

Forgiveness Date

12/14/2021

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