PPP Loan information for Crews logging

$378,500

Crews logging was initially approved for PPP Loan of amount $378,500, the current approved amount is $378,500. The loan was approved on 04/03/2020 by The Wayne County Bank reported 45 jobs and $378,500 was used to fund payroll.

Crews logging is Existing or more than 2 years old

CREWS LOGGING

Date Approved

04/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CREWS LOGGING

Borrower Address

1074 Calvin Crews Rd

Borrower City

LAWRENCEBURG

Borrower State

TN

Borrower Zip

38464-5907

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378500.00

Current Approval Amount

378500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEBURG

Project County Name

WAYNE

Project State

TN

Project Zip

38464-5907

CD

TN-07

Jobs Reported

45

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20700.00

Payroll Proceed

302800.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

45000

Business Type

Partnership

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383083.48

Forgiveness Date

06/30/2021

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