PPP Loan information for Ray smith logging inc

$62,500

Ray smith logging inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 01/28/2021 by The United Mississippi Bank reported 7 jobs and $62,500 was used to fund payroll.

Ray smith logging inc is Existing or more than 2 years old

PPP Loan Search / MS / Fayette / Ray smith logging inc

RAY SMITH LOGGING INC

Date Approved

01/28/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

RAY SMITH LOGGING INC

Borrower Address

190 Dennis Cross Rd

Borrower City

Fayette

Borrower State

MS

Borrower Zip

39069-5197

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39638

Servicing Lender Name

United Mississippi Bank

Servicing Lender Address

75 Melrose Montebello Pkwy

Servicing Lender City

NATCHEZ

Servicing Lender State

MS

Servicing Lender Zip

39120-4747

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fayette

Project County Name

JEFFERSON

Project State

MS

Project Zip

39069-5197

CD

MS-02

Jobs Reported

7

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62498.00

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

39638

Originating Lender

United Mississippi Bank

Originating Lender City

NATCHEZ

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63092.01

Forgiveness Date

01/06/2022

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