PPP Loan information for Frerichs sawmill

$56,433

Frerichs sawmill was initially approved for PPP Loan of amount $56,433, the current approved amount is $56,433. The loan was approved on 04/15/2021 by The Simmons Bank reported 12 jobs and $56,433 was used to fund payroll.

Frerichs sawmill is Existing or more than 2 years old

PPP Loan Search / TN / Tellico Plains / Frerichs sawmill

FRERICHS SAWMILL

Date Approved

04/15/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FRERICHS SAWMILL

Borrower Address

13531 New Highway 68

Borrower City

Tellico Plains

Borrower State

TN

Borrower Zip

37385-5901

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56432.50

Current Approval Amount

56432.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tellico Plains

Project County Name

MONROE

Project State

TN

Project Zip

37385-5901

CD

TN-03

Jobs Reported

12

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56427.50

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

Partnership

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56739.74

Forgiveness Date

11/09/2021

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