PPP Loan information for Ole brook timber inc

$88,700

Ole brook timber inc was initially approved for PPP Loan of amount $88,700, the current approved amount is $88,700. The loan was approved on 04/07/2020 by The BankPlus reported 10 jobs and $88,700 was used to fund payroll.

Ole brook timber inc is Existing or more than 2 years old

OLE BROOK TIMBER INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

OLE BROOK TIMBER INC

Borrower Address

995 HIGHWAY 84 W

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-8278

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88700.00

Current Approval Amount

88700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-8278

CD

MS-03

Jobs Reported

10

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66562.50

Mortgage Interest Proceed

0.00

Rent Proceed

22137.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89601.78

Forgiveness Date

04/22/2021

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