PPP Loan information for Beech island timber & construction inc

$373,100

Beech island timber & construction inc was initially approved for PPP Loan of amount $387,300, the current approved amount is $373,100. The loan was approved on 04/06/2020 by The Security Federal Bank reported 29 jobs and $373,100 was used to fund payroll.

Beech island timber & construction inc is Existing or more than 2 years old

BEECH ISLAND TIMBER & CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BEECH ISLAND TIMBER & CONSTRUCTION INC

Borrower Address

31 KIMBERLY ACRES DR

Borrower City

JACKSON

Borrower State

SC

Borrower Zip

29831-2843

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387300.00

Current Approval Amount

373100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

AIKEN

Project State

SC

Project Zip

29831-2843

CD

SC-02

Jobs Reported

29

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

373100.00

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

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

376582.27

Forgiveness Date

03/18/2021

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