# PPP loan: COMMUNITY DEVELOPMENT INC
> **$547K** approved 04/27/2020 · Paid in Full · Loan `4777737205`
## Borrower
- **Name:** COMMUNITY DEVELOPMENT INC
- **Address:** 200 N FRONT ST, RICHTON, MS, 39476-2201
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $557K (102%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Utilities:** $46K
- **Health care:** $11K
- **Jobs reported:** 140
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*