PPP Loan information for Southgate timber company

$111,300

Southgate timber company was initially approved for PPP Loan of amount $111,300, the current approved amount is $111,300. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 13 jobs and $111,300 was used to fund payroll.

Southgate timber company is Existing or more than 2 years old

PPP Loan Search / MS / PURVIS / Southgate timber company

SOUTHGATE TIMBER COMPANY

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHGATE TIMBER COMPANY

Borrower Address

63 CENTRAL INDUSTRIAL ROW

Borrower City

PURVIS

Borrower State

MS

Borrower Zip

39475-4153

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111300.00

Current Approval Amount

111300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PURVIS

Project County Name

LAMAR

Project State

MS

Project Zip

39475-4153

CD

MS-04

Jobs Reported

13

NAICS Code

113110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14436.94

Payroll Proceed

86251.65

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10611.41

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111998.29

Forgiveness Date

11/27/2020

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