PPP Loan information for Timberland resources

$65,900

Timberland resources was initially approved for PPP Loan of amount $65,900, the current approved amount is $65,900. The loan was approved on 04/27/2020 by The Powell Valley National Bank reported 13 jobs and $65,900 was used to fund payroll.

Timberland resources is Existing or more than 2 years old

PPP Loan Search / VA / PENNINGTON GAP / Timberland resources

TIMBERLAND RESOURCES

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TIMBERLAND RESOURCES

Borrower Address

313 HONEYDEW ROAD

Borrower City

PENNINGTON GAP

Borrower State

VA

Borrower Zip

24277

Loan Status Date

04/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65900.00

Current Approval Amount

65900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PENNINGTON GAP

Project County Name

LEE

Project State

VA

Project Zip

24277-0001

CD

VA-09

Jobs Reported

13

NAICS Code

113110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65900.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66490.39

Forgiveness Date

03/25/2021

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