PPP Loan information for Smith bros timber co. inc.

$98,485

Smith bros timber co. inc. was initially approved for PPP Loan of amount $98,485, the current approved amount is $98,485. The loan was approved on 01/26/2021 by The First State Bank reported 11 jobs and $98,485 was used to fund payroll.

Smith bros timber co. inc. is Existing or more than 2 years old

PPP Loan Search / AL / Millry / Smith bros timber co. inc.

SMITH BROS TIMBER CO. INC.

Date Approved

01/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SMITH BROS TIMBER CO. INC.

Borrower Address

3313 County Road 3

Borrower City

Millry

Borrower State

AL

Borrower Zip

36558-8443

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98485.00

Current Approval Amount

98485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40068

Servicing Lender Name

First State Bank

Servicing Lender Address

708 Azalea Dr

Servicing Lender City

WAYNESBORO

Servicing Lender State

MS

Servicing Lender Zip

39367-2719

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Millry

Project County Name

CHOCTAW

Project State

AL

Project Zip

36558-8443

CD

AL-07

Jobs Reported

11

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98483.00

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

Subchapter S Corporation

Originating Lender Location Id

40068

Originating Lender

First State Bank

Originating Lender City

WAYNESBORO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98917.24

Forgiveness Date

07/14/2021

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