PPP Loan information for Hassell and hughes lumber comp

$998,000

Hassell and hughes lumber comp was initially approved for PPP Loan of amount $998,000, the current approved amount is $998,000. The loan was approved on 04/11/2020 by The Wayne County Bank reported 107 jobs and $998,000 was used to fund payroll.

Hassell and hughes lumber comp is Existing or more than 2 years old

HASSELL AND HUGHES LUMBER COMP

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HASSELL AND HUGHES LUMBER COMP

Borrower Address

608 HIGHWAY 13

Borrower City

COLLINWOOD

Borrower State

TN

Borrower Zip

38450-4693

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

998000.00

Current Approval Amount

998000.00

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

COLLINWOOD

Project County Name

WAYNE

Project State

TN

Project Zip

38450-4693

CD

TN-07

Jobs Reported

107

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

998000.00

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

Corporation

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1010495.51

Forgiveness Date

07/15/2021

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