PPP Loan information for Wood smith forest products inc

$49,900

Wood smith forest products inc was initially approved for PPP Loan of amount $49,900, the current approved amount is $49,900. The loan was approved on 04/27/2020 by The The Fidelity Bank reported 4 jobs and $49,900 was used to fund payroll.

Wood smith forest products inc is Startup, Loan Funds will Open Business

WOOD SMITH FOREST PRODUCTS INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WOOD SMITH FOREST PRODUCTS INC

Borrower Address

2695 SILER CITY GLENDON RD

Borrower City

SILER CITY

Borrower State

NC

Borrower Zip

27344

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49900.00

Current Approval Amount

49900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Startup, Loan Funds will Open Business

Project City

SILER CITY

Project County Name

CHATHAM

Project State

NC

Project Zip

27344-0001

CD

NC-09

Jobs Reported

4

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49900.00

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

Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50202.17

Forgiveness Date

12/04/2020

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