PPP Loan information for Adam bailey logging llc

$87,455

Adam bailey logging llc was initially approved for PPP Loan of amount $87,455, the current approved amount is $87,455. The loan was approved on 01/30/2021 by The Farmers and Merchants Bank reported 8 jobs and $87,455 was used to fund payroll.

Adam bailey logging llc is Existing or more than 2 years old

ADAM BAILEY LOGGING LLC

Date Approved

01/30/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

ADAM BAILEY LOGGING LLC

Borrower Address

2464 County Road 131

Borrower City

Wadley

Borrower State

AL

Borrower Zip

36276-7802

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87455.00

Current Approval Amount

87455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wadley

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

36276-7802

CD

AL-03

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87455.00

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87974.87

Forgiveness Date

09/07/2021

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