PPP Loan information for Chris reed logging inc

$175,875

Chris reed logging inc was initially approved for PPP Loan of amount $175,875, the current approved amount is $175,875. The loan was approved on 04/27/2020 by The Connect Bank reported 11 jobs and $175,875 was used to fund payroll.

Chris reed logging inc is Existing or more than 2 years old

CHRIS REED LOGGING INC

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

CHRIS REED LOGGING INC

Borrower Address

240 blue rock rd

Borrower City

RISON

Borrower State

AR

Borrower Zip

71665-8141

Loan Status Date

10/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175875.00

Current Approval Amount

175875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4780

Servicing Lender Name

Connect Bank

Servicing Lender Address

116 N Lincoln Ave

Servicing Lender City

STAR CITY

Servicing Lender State

AR

Servicing Lender Zip

71667-4800

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RISON

Project County Name

CLEVELAND

Project State

AR

Project Zip

71665-8141

CD

AR-04

Jobs Reported

11

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175875.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4780

Originating Lender

Connect Bank

Originating Lender City

STAR CITY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176780.88

Forgiveness Date

11/03/2020

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