PPP Loan information for R&r lumber inc

$262,500

R&r lumber inc was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 03/26/2021 by The BankOkolona reported 31 jobs and $262,500 was used to fund payroll.

R&r lumber inc is Existing or more than 2 years old

R&R LUMBER INC

Date Approved

03/26/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

R&R LUMBER INC

Borrower Address

2466 Highway 15 N

Borrower City

Houlka

Borrower State

MS

Borrower Zip

38850-9390

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39656

Servicing Lender Name

BankOkolona

Servicing Lender Address

227 W Main St

Servicing Lender City

OKOLONA

Servicing Lender State

MS

Servicing Lender Zip

38860-1427

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Houlka

Project County Name

CHICKASAW

Project State

MS

Project Zip

38850-9390

CD

MS-01

Jobs Reported

31

NAICS Code

321911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

262498.00

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

39656

Originating Lender

BankOkolona

Originating Lender City

OKOLONA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264154.11

Forgiveness Date

11/16/2021

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