PPP Loan information for Duncan lumber, inc

$328,200

Duncan lumber, inc was initially approved for PPP Loan of amount $328,200, the current approved amount is $328,200. The loan was approved on 04/13/2020 by The Commercial Bank reported 41 jobs and $328,200 was used to fund payroll.

Duncan lumber, inc is Existing or more than 2 years old

PPP Loan Search / TN / NEW TAZEWELL / Duncan lumber, inc

DUNCAN LUMBER, INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DUNCAN LUMBER, INC

Borrower Address

409 FIRST AVENUE

Borrower City

NEW TAZEWELL

Borrower State

TN

Borrower Zip

37825-6745

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328200.00

Current Approval Amount

328200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW TAZEWELL

Project County Name

CLAIBORNE

Project State

TN

Project Zip

37825-6745

CD

TN-02

Jobs Reported

41

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6575.00

Payroll Proceed

251104.00

Mortgage Interest Proceed

0.00

Rent Proceed

41000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29521.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

330780.02

Forgiveness Date

01/26/2021

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