Mid South Agricultural Equipment, Inc.

$1,686,365 PPP Loan in Byhalia, Mississippi

Loan Details

Loan Number
8177797010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,686,365
Current Approval
$1,686,365
Forgiveness Amount
$1,697,701
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mid South Agricultural Equipment, Inc.
Address
3044 Hwy 302
ZIP Code
38611-6320
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$43.2M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$1,349,092
Rent
$118,047
Utilities
$31,229
Debt Interest
$187,997

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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