PPP Loan information for Advanced timber services inc

$200,500

Advanced timber services inc was initially approved for PPP Loan of amount $200,500, the current approved amount is $200,500. The loan was approved on 04/15/2020 by The Gibsland Bank & Trust Company reported 20 jobs and $200,500 was used to fund payroll.

Advanced timber services inc is Existing or more than 2 years old

PPP Loan Search / LA / SHREVEPORT / Advanced timber services inc

ADVANCED TIMBER SERVICES INC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ADVANCED TIMBER SERVICES INC

Borrower Address

619 IBIS CT

Borrower City

SHREVEPORT

Borrower State

LA

Borrower Zip

71115-4616

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200500.00

Current Approval Amount

200500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREVEPORT

Project County Name

CADDO

Project State

LA

Project Zip

71115-4616

CD

LA-04

Jobs Reported

20

NAICS Code

115310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16708.33

Payroll Proceed

150375.00

Mortgage Interest Proceed

0.00

Rent Proceed

16708.33

Refinance EIDL Proceed

0.00

Health Care Proceed

16708.34

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191663.88

Forgiveness Date

11/25/2020

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