PPP Loan information for Adams logging inc.

$116,850

Adams logging inc. was initially approved for PPP Loan of amount $116,850, the current approved amount is $116,850. The loan was approved on 04/08/2020 by The Farmers and Merchants Bank reported 14 jobs and $116,850 was used to fund payroll.

Adams logging inc. is Existing or more than 2 years old

PPP Loan Search / AL / LAFAYETTE / Adams logging inc.

ADAMS LOGGING INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ADAMS LOGGING INC.

Borrower Address

2112 COUNTY ROAD 153

Borrower City

LAFAYETTE

Borrower State

AL

Borrower Zip

36862-4186

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116849.75

Current Approval Amount

116849.75

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

LAFAYETTE

Project County Name

CHAMBERS

Project State

AL

Project Zip

36862-4186

CD

AL-03

Jobs Reported

14

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116849.75

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117593.04

Forgiveness Date

11/24/2020

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