PPP Loan information for Timbo's construction

$219,600

Timbo's construction was initially approved for PPP Loan of amount $219,600, the current approved amount is $219,600. The loan was approved on 04/27/2020 by The Southern Bancorp Bank reported 14 jobs and $219,600 was used to fund payroll.

Timbo's construction is Unanswered

TIMBO'S CONSTRUCTION

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TIMBO'S CONSTRUCTION

Borrower Address

3853 HIGHWAY 61

Borrower City

CLEVELAND

Borrower State

MS

Borrower Zip

38732-8761

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219600.00

Current Approval Amount

219600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CLEVELAND

Project County Name

BOLIVAR

Project State

MS

Project Zip

38732-8761

CD

MS-02

Jobs Reported

14

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21960.00

Payroll Proceed

164700.00

Mortgage Interest Proceed

0.00

Rent Proceed

32940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221928.36

Forgiveness Date

05/20/2021

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