PPP Loan information for Industrial timber llc

$1,969,300

Industrial timber llc was initially approved for PPP Loan of amount $1,969,300, the current approved amount is $1,969,300. The loan was approved on 02/10/2021 by The Independent Bank reported 268 jobs and $1,969,300 was used to fund payroll.

Industrial timber llc is Existing or more than 2 years old

PPP Loan Search / NC / Cornelius / Industrial timber llc

INDUSTRIAL TIMBER LLC

Date Approved

02/10/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INDUSTRIAL TIMBER LLC

Borrower Address

19109 W Catawba Ave Ste 200

Borrower City

Cornelius

Borrower State

NC

Borrower Zip

28031-5614

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1969300.00

Current Approval Amount

1969300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cornelius

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28031-5614

CD

NC-12

Jobs Reported

268

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1969297.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1986421.97

Forgiveness Date

12/23/2021

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