PPP Loan information for Sprout forestry inc

$234,500

Sprout forestry inc was initially approved for PPP Loan of amount $234,500, the current approved amount is $234,500. The loan was approved on 04/30/2020 by The Umpqua Bank reported 55 jobs and $234,500 was used to fund payroll.

Sprout forestry inc is Existing or more than 2 years old

SPROUT FORESTRY INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SPROUT FORESTRY INC

Borrower Address

576 MAVERICK ST

Borrower City

CENTRAL POINT

Borrower State

OR

Borrower Zip

97502-3118

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234500.00

Current Approval Amount

234500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CENTRAL POINT

Project County Name

JACKSON

Project State

OR

Project Zip

97502-3118

CD

OR-02

Jobs Reported

55

NAICS Code

115310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234500.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235990.52

Forgiveness Date

12/28/2020

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