PPP Loan information for Mitigation and restoration service

$49,700

Mitigation and restoration service was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/05/2020 by The Farmers and Merchants Bank reported 8 jobs and $49,700 was used to fund payroll.

Mitigation and restoration service is Existing or more than 2 years old

MITIGATION AND RESTORATION SERVICE

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MITIGATION AND RESTORATION SERVICE

Borrower Address

1405 Sawyer Road

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834-6369

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-6369

CD

MS-01

Jobs Reported

8

NAICS Code

561740

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4970.00

Payroll Proceed

39760.00

Mortgage Interest Proceed

4970.00

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50145.92

Forgiveness Date

03/03/2021

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