PPP Loan information for Derald phillips logging co inc

$199,740

Derald phillips logging co inc was initially approved for PPP Loan of amount $199,740, the current approved amount is $199,740. The loan was approved on 04/28/2020 by The First Federal Bank of Louisiana reported 19 jobs and $199,740 was used to fund payroll.

Derald phillips logging co inc is Existing or more than 2 years old

DERALD PHILLIPS LOGGING CO INC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DERALD PHILLIPS LOGGING CO INC

Borrower Address

562 HIGHWAY 8

Borrower City

LENA

Borrower State

LA

Borrower Zip

71447-9620

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199740.00

Current Approval Amount

199740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87163

Servicing Lender Name

First Federal Bank of Louisiana

Servicing Lender Address

1135 Lakeshore Dr

Servicing Lender City

LAKE CHARLES

Servicing Lender State

LA

Servicing Lender Zip

70601-9400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENA

Project County Name

RAPIDES

Project State

LA

Project Zip

71447-9620

CD

LA-05

Jobs Reported

19

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199740.00

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

Corporation

Originating Lender Location Id

87163

Originating Lender

First Federal Bank of Louisiana

Originating Lender City

LAKE CHARLES

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

190815.19

Forgiveness Date

11/30/2020

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