PPP Loan information for Mitigation and restoration services inc

$49,969

Mitigation and restoration services inc was initially approved for PPP Loan of amount $38,750, the current approved amount is $49,969. The loan was approved on 03/04/2021 by The Farmers and Merchants Bank reported 7 jobs and $49,969 was used to fund payroll.

Mitigation and restoration services inc is Existing or more than 2 years old

MITIGATION AND RESTORATION SERVICES INC

Date Approved

03/04/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MITIGATION AND RESTORATION SERVICES INC

Borrower Address

1405 Sawyer Rd

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-6369

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38750.00

Current Approval Amount

49969.10

Undisbursed Amount

0.00

Franchise Name

Servpro

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

7

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49967.10

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50460.46

Forgiveness Date

02/23/2022

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