PPP Loan information for Ted musgrove insurance agency inc

$50,720

Ted musgrove insurance agency inc was initially approved for PPP Loan of amount $50,720, the current approved amount is $50,720. The loan was approved on 04/10/2020 by The The First Bank reported 4 jobs and $50,720 was used to fund payroll.

Ted musgrove insurance agency inc is Existing or more than 2 years old

TED MUSGROVE INSURANCE AGENCY INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TED MUSGROVE INSURANCE AGENCY INC

Borrower Address

509 HIGHWAY 11 NORTH SUITE A

Borrower City

PICAYUNE

Borrower State

MS

Borrower Zip

39466-3349

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50720.00

Current Approval Amount

50720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PICAYUNE

Project County Name

PEARL RIVER

Project State

MS

Project Zip

39466-3349

CD

MS-04

Jobs Reported

4

NAICS Code

524126

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50720.00

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

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51218.75

Forgiveness Date

04/12/2021

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