PPP Loan information for Timbo's construction inc.

$206,200

Timbo's construction inc. was initially approved for PPP Loan of amount $219,600, the current approved amount is $206,200. The loan was approved on 01/30/2021 by The Southern Bancorp Bank reported 14 jobs and $206,200 was used to fund payroll.

Timbo's construction inc. is Existing or more than 2 years old

PPP Loan Search / MS / Cleveland / Timbo's construction inc.

TIMBO'S CONSTRUCTION INC.

Date Approved

01/30/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

TIMBO'S CONSTRUCTION INC.

Borrower Address

3853 Highway 61 N

Borrower City

Cleveland

Borrower State

MS

Borrower Zip

38732-8761

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219600.00

Current Approval Amount

206200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

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

0.00

Payroll Proceed

206200.00

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

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

207250.77

Forgiveness Date

08/11/2021

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