PPP Loan information for Wood industries, inc.

$289,032

Wood industries, inc. was initially approved for PPP Loan of amount $289,032, the current approved amount is $289,032. The loan was approved on 04/10/2020 by The CB&S Bank reported 38 jobs and $289,032 was used to fund payroll.

Wood industries, inc. is Existing or more than 2 years old

WOOD INDUSTRIES, INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

WOOD INDUSTRIES, INC.

Borrower Address

21 Front Street

Borrower City

BELMONT

Borrower State

MS

Borrower Zip

38827-7765

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289031.87

Current Approval Amount

289031.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

TISHOMINGO

Project State

MS

Project Zip

38827-7765

CD

MS-01

Jobs Reported

38

NAICS Code

333912

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

239031.87

Mortgage Interest Proceed

25000.00

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

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292452.08

Forgiveness Date

06/24/2021

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