Burroughs Diesel Inc.

$819,821 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
5411957005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$819,821
Current Approval
$819,821
Forgiveness Amount
$826,994
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Burroughs Diesel Inc.
Address
3626 Industrial Blvd
City
Laurel
ZIP Code
39440-5839
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$614,866
Mortgage Interest
$204,955

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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