Mack Grubbs Motors, INC

$348,800 PPP Loan in Columbia, Mississippi

Loan Details

Loan Number
4901727004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$348,800
Current Approval
$348,800
Forgiveness Amount
$352,191
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mack Grubbs Motors, INC
Address
1480 Highway 98
ZIP Code
39429-8103
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
30
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$261,600
Mortgage Interest
$87,200

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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