PPP Loan information for R & s logging inc

$252,136

R & s logging inc was initially approved for PPP Loan of amount $252,136, the current approved amount is $252,136. The loan was approved on 03/31/2021 by The Southern Bank and Trust Company reported 24 jobs and $252,136 was used to fund payroll.

R & s logging inc is Existing or more than 2 years old

R & S LOGGING INC

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

R & S LOGGING INC

Borrower Address

771 Lake Rd

Borrower City

Hertford

Borrower State

NC

Borrower Zip

27944-8752

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252136.00

Current Approval Amount

252136.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hertford

Project County Name

PERQUIMANS

Project State

NC

Project Zip

27944-8752

CD

NC-01

Jobs Reported

24

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

252134.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

254538.30

Forgiveness Date

03/17/2022

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