Powell Transportation Company Inc.

$1,117,868 PPP Loan in Columbia, Mississippi

Loan Details

Loan Number
5440397002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,117,868
Current Approval
$1,117,868
Forgiveness Amount
$1,132,151
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powell Transportation Company Inc.
Address
2348 Highway 98
ZIP Code
39429-8052
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$13.5M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$838,402
Mortgage Interest
$279,466

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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