PPP Loan information for Lovvorn wholesale lumber corporation

$192,000

Lovvorn wholesale lumber corporation was initially approved for PPP Loan of amount $192,000, the current approved amount is $192,000. The loan was approved on 04/05/2020 by The The First National Bank of Fort Smith reported 21 jobs and $192,000 was used to fund payroll.

Lovvorn wholesale lumber corporation is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Lovvorn wholesale lumber corporation

LOVVORN WHOLESALE LUMBER CORPORATION

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LOVVORN WHOLESALE LUMBER CORPORATION

Borrower Address

515 South Phoenix Avenue

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72906

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192000.00

Current Approval Amount

192000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72906-5000

CD

AR-03

Jobs Reported

21

NAICS Code

321912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

144000.00

Mortgage Interest Proceed

16000.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193251.95

Forgiveness Date

12/10/2020

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