PPP Loan information for Read lumber & supply, inc.

$220,543

Read lumber & supply, inc. was initially approved for PPP Loan of amount $220,543, the current approved amount is $220,543. The loan was approved on 04/14/2020 by The Louisiana National Bank reported 21 jobs and $220,543 was used to fund payroll.

Read lumber & supply, inc. is Existing or more than 2 years old

READ LUMBER & SUPPLY, INC.

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

READ LUMBER & SUPPLY, INC.

Borrower Address

206 BERNICE HWY

Borrower City

FARMERVILLE

Borrower State

LA

Borrower Zip

71241-2135

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220543.27

Current Approval Amount

220543.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28037

Servicing Lender Name

Louisiana National Bank

Servicing Lender Address

2001 N Trenton St

Servicing Lender City

Ruston

Servicing Lender State

LA

Servicing Lender Zip

71270

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARMERVILLE

Project County Name

UNION

Project State

LA

Project Zip

71241-2135

CD

LA-04

Jobs Reported

21

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22054.32

Payroll Proceed

176434.62

Mortgage Interest Proceed

22054.33

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

28037

Originating Lender

Louisiana National Bank

Originating Lender City

Ruston

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221884.66

Forgiveness Date

11/27/2020

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