Date Approved
04/27/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
PALMER THOMPSON LOGGING LLC
Borrower Address
1824 GOODWATER RD
Borrower City
ALEXANDER CITY
Borrower State
AL
Borrower Zip
35010-8051
Loan Status Date
06/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75868.54
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
91029
Servicing Lender Name
Mutual Savings CU
Servicing Lender Address
2040 Valleydale Rd
Servicing Lender City
BIRMINGHAM
Servicing Lender State
Servicing Lender Zip
35244-2006
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TALLAPOOSA
Project State
Project Zip
CD
AL-03
Jobs Reported
6
NAICS Code
113310
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
11423.54
Payroll Proceed
60645.00
Mortgage Interest Proceed
3800.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
76637.62
Forgiveness Date
05/11/2021