PPP Loan information for Canal wood, llc

$1,862,100

Canal wood, llc was initially approved for PPP Loan of amount $1,862,100, the current approved amount is $1,862,100. The loan was approved on 04/07/2020 by The Carolina Bank & Trust Co. reported 108 jobs and $1,862,100 was used to fund payroll.

Canal wood, llc is Existing or more than 2 years old

CANAL WOOD, LLC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

CANAL WOOD, LLC

Borrower Address

2430 MAIN ST

Borrower City

CONWAY

Borrower State

SC

Borrower Zip

29526-3344

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1862100.00

Current Approval Amount

1862100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONWAY

Project County Name

HORRY

Project State

SC

Project Zip

29526-3344

CD

SC-07

Jobs Reported

108

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20100.00

Payroll Proceed

1842000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1875364.27

Forgiveness Date

12/31/2020

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