Oak Grove Retirement Home, INC

$459,800 PPP Loan in Duncan, Mississippi

Loan Details

Loan Number
7803407100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$459,800
Current Approval
$459,800
Forgiveness Amount
$464,133
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oak Grove Retirement Home, INC
Address
209 Oak Circle
City
Duncan
ZIP Code
38740-0198
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
MS-02

Loan Use Breakdown

Payroll
$344,850
Utilities
$45,980
Mortgage Interest
$68,970

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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