PPP Loan information for Free state lumber company, inc.

$620,518

Free state lumber company, inc. was initially approved for PPP Loan of amount $620,518, the current approved amount is $620,518. The loan was approved on 04/08/2020 by The Pinnacle Bank reported 68 jobs and $620,518 was used to fund payroll.

Free state lumber company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / HALEYVILLE / Free state lumber company, inc.

FREE STATE LUMBER COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FREE STATE LUMBER COMPANY, INC.

Borrower Address

41542 Highway 195

Borrower City

HALEYVILLE

Borrower State

AL

Borrower Zip

35565-7059

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620518.30

Current Approval Amount

620518.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121641

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1811 2nd Ave

Servicing Lender City

JASPER

Servicing Lender State

AL

Servicing Lender Zip

35501-5381

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HALEYVILLE

Project County Name

WINSTON

Project State

AL

Project Zip

35565-7059

CD

AL-04

Jobs Reported

68

NAICS Code

423310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34835.22

Payroll Proceed

543237.26

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42445.82

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121641

Originating Lender

Pinnacle Bank

Originating Lender City

JASPER

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

624689.56

Forgiveness Date

12/14/2020

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