PPP Loan information for Ingles timber, inc.

$434,325

Ingles timber, inc. was initially approved for PPP Loan of amount $434,325, the current approved amount is $434,325. The loan was approved on 04/08/2020 by The Caldwell Bank & Trust Company reported 32 jobs and $434,325 was used to fund payroll.

Ingles timber, inc. is Existing or more than 2 years old

INGLES TIMBER, INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

INGLES TIMBER, INC.

Borrower Address

2029 Gladway Road

Borrower City

JONESBORO

Borrower State

LA

Borrower Zip

71251-6015

Loan Status Date

03/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434325.00

Current Approval Amount

434325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28174

Servicing Lender Name

Caldwell Bank & Trust Company

Servicing Lender Address

202 Main St

Servicing Lender City

COLUMBIA

Servicing Lender State

LA

Servicing Lender Zip

71418-6705

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESBORO

Project County Name

JACKSON

Project State

LA

Project Zip

71251-6015

CD

LA-05

Jobs Reported

32

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

434325.00

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

28174

Originating Lender

Caldwell Bank & Trust Company

Originating Lender City

COLUMBIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

426705.93

Forgiveness Date

11/03/2020

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