PPP Loan information for Terry's garage and repair, llc

$60,000

Terry's garage and repair, llc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 6 jobs and $60,000 was used to fund payroll.

Terry's garage and repair, llc is Existing or more than 2 years old

TERRY'S GARAGE AND REPAIR, LLC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TERRY'S GARAGE AND REPAIR, LLC

Borrower Address

8460 Highway 45 Alternate North

Borrower City

WEST POINT

Borrower State

MS

Borrower Zip

39773-1253

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST POINT

Project County Name

CLAY

Project State

MS

Project Zip

39773-1253

CD

MS-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60565.00

Forgiveness Date

04/15/2021

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