PPP Loan information for R & k timber, inc.

$23,900

R & k timber, inc. was initially approved for PPP Loan of amount $23,900, the current approved amount is $23,900. The loan was approved on 05/05/2020 by The First Bank reported 3 jobs and $23,900 was used to fund payroll.

R & k timber, inc. is Existing or more than 2 years old

R & K TIMBER, INC.

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

R & K TIMBER, INC.

Borrower Address

154 Hollingsworth Lane

Borrower City

WALLACE

Borrower State

NC

Borrower Zip

28466

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23900.00

Current Approval Amount

23900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WALLACE

Project County Name

DUPLIN

Project State

NC

Project Zip

28466-0001

CD

NC-03

Jobs Reported

3

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23900.00

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

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24063.98

Forgiveness Date

01/14/2021

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