PPP Loan information for B&b chip and timber co. inc

$218,300

B&b chip and timber co. inc was initially approved for PPP Loan of amount $218,300, the current approved amount is $218,300. The loan was approved on 06/25/2020 by The Community Bank of Mississippi reported 20 jobs and $218,300 was used to fund payroll.

B&b chip and timber co. inc is Existing or more than 2 years old

PPP Loan Search / MS / FOREST / B&b chip and timber co. inc

B&B CHIP AND TIMBER CO. INC

Date Approved

06/25/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

B&B CHIP AND TIMBER CO. INC

Borrower Address

221 SCR 35-9

Borrower City

FOREST

Borrower State

MS

Borrower Zip

39074-5753

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

218300.00

Current Approval Amount

218300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST

Project County Name

SMITH

Project State

MS

Project Zip

39074-5753

CD

MS-03

Jobs Reported

20

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26313.00

Payroll Proceed

191987.00

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

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221003.33

Forgiveness Date

09/22/2021

;