PPP Loan information for Timber automation llc

$2,000,000

Timber automation llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/20/2021 by The Regions Bank reported 272 jobs and $2,000,000 was used to fund payroll.

Timber automation llc is Existing or more than 2 years old

PPP Loan Search / AR / Hot Springs / Timber automation llc

TIMBER AUTOMATION LLC

Date Approved

02/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

TIMBER AUTOMATION LLC

Borrower Address

400 Aviation Plz

Borrower City

Hot Springs

Borrower State

AR

Borrower Zip

71913-5502

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hot Springs

Project County Name

GARLAND

Project State

AR

Project Zip

71913-5502

CD

AR-04

Jobs Reported

272

NAICS Code

238290

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012000.00

Forgiveness Date

10/04/2021

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