PPP Loan information for Timberland resources, inc.

$49,583

Timberland resources, inc. was initially approved for PPP Loan of amount $49,583, the current approved amount is $49,583. The loan was approved on 04/09/2020 by The Community Neighbor Bank reported 3 jobs and $49,583 was used to fund payroll.

Timberland resources, inc. is Existing or more than 2 years old

TIMBERLAND RESOURCES, INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TIMBERLAND RESOURCES, INC.

Borrower Address

654 WAIT RD

Borrower City

MONROEVILLE

Borrower State

AL

Borrower Zip

36460-5888

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49582.50

Current Approval Amount

49582.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1879

Servicing Lender Name

Community Neighbor Bank

Servicing Lender Address

3 Water St

Servicing Lender City

CAMDEN

Servicing Lender State

AL

Servicing Lender Zip

36726-2110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROEVILLE

Project County Name

MONROE

Project State

AL

Project Zip

36460-5888

CD

AL-01

Jobs Reported

3

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49582.50

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

1879

Originating Lender

Community Neighbor Bank

Originating Lender City

CAMDEN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49970.90

Forgiveness Date

01/25/2021

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