PPP Loan information for Ideal timber company, inc

$69,724

Ideal timber company, inc was initially approved for PPP Loan of amount $69,724, the current approved amount is $69,724. The loan was approved on 04/06/2020 by The First Cahawba Bank reported 5 jobs and $69,724 was used to fund payroll.

Ideal timber company, inc is Existing or more than 2 years old

PPP Loan Search / AL / SARDIS / Ideal timber company, inc

IDEAL TIMBER COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

IDEAL TIMBER COMPANY, INC

Borrower Address

730 County Road 30

Borrower City

SARDIS

Borrower State

AL

Borrower Zip

36775

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69724.00

Current Approval Amount

69724.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450245

Servicing Lender Name

First Cahawba Bank

Servicing Lender Address

2610 Citizens Pkwy

Servicing Lender City

SELMA

Servicing Lender State

AL

Servicing Lender Zip

36701-4037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARDIS

Project County Name

DALLAS

Project State

AL

Project Zip

36775-0001

CD

AL-07

Jobs Reported

5

NAICS Code

541715

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69724.00

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

Subchapter S Corporation

Originating Lender Location Id

450245

Originating Lender

First Cahawba Bank

Originating Lender City

SELMA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70287.60

Forgiveness Date

02/01/2021

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