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Mediocrity Doesn't Pay, LLC

Company Details

Name: Mediocrity Doesn't Pay, LLC
Jurisdiction: MISSISSIPPI
Business Type: Limited Liability Company
Status: Good Standing
Effective Date: 02 Nov 2017 (7 years ago)
Business ID: 1131583
ZIP code: 39120
County: Adams
State of Incorporation: MISSISSIPPI
Principal Office Address: 112 Woodhaven DriveNatchez, MS 39120

Agent

Name Role Address
William Fredrick Marsalis Jr Agent 112 WOODHAVEN DRIVE, NATCHEZ, MS 39120

Manager

Name Role Address
William Fredrick Marsalis Jr Manager 112 WOODHAVEN DRIVE, NATCHEZ, MS 39120

Member

Name Role Address
William Fredrick Marsalis Jr Member 112 WOODHAVEN DRIVE, NATCHEZ, MS 39120

Filings

Type Status Filed Date Description
Annual Report LLC Filed 2024-06-26 Annual Report For Mediocrity Doesn't Pay, LLC
Amendment Form Filed 2023-05-22 Amendment For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2023-05-22 Annual Report For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2022-05-06 Annual Report For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2021-02-25 Annual Report For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2020-04-13 Annual Report For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2019-04-16 Annual Report For Mediocrity Doesn't Pay, LLC
Annual Report LLC Filed 2018-01-24 Annual Report For Mediocrity Doesn't Pay, LLC
Formation Form Filed 2017-11-02 Formation For Mediocrity Doesn't Pay, LLC

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9589668504 2021-03-12 0470 PPS 204 Devereaux Dr, Natchez, MS, 39120-3752
Loan Status Date 2021-10-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 4895.83
Loan Approval Amount (current) 4895.83
Undisbursed Amount 0
Franchise Name -
Lender Location ID 29338
Servicing Lender Name Concordia Bank & Trust Company
Servicing Lender Address 904 Carter St, VIDALIA, LA, 71373-3208
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Natchez, ADAMS, MS, 39120-3752
Project Congressional District MS-03
Number of Employees 1
NAICS code 713940
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 29338
Originating Lender Name Concordia Bank & Trust Company
Originating Lender Address VIDALIA, LA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 4922.12
Forgiveness Paid Date 2021-09-29
6355837210 2020-04-28 0470 PPP 204 D'EVEREAUX DRIVE, NATCHEZ, MS, 39120
Loan Status Date 2020-12-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 948.12
Loan Approval Amount (current) 948.12
Undisbursed Amount 0
Franchise Name -
Lender Location ID 29338
Servicing Lender Name Concordia Bank & Trust Company
Servicing Lender Address 904 Carter St, VIDALIA, LA, 71373-3208
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NATCHEZ, ADAMS, MS, 39120-1000
Project Congressional District MS-03
Number of Employees 1
NAICS code 713940
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 29338
Originating Lender Name Concordia Bank & Trust Company
Originating Lender Address VIDALIA, LA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 955.58
Forgiveness Paid Date 2021-02-16

Date of last update: 01 Apr 2025

Sources: Mississippi Secretary of State