PPP Loan information for Mcconnells' logging, inc.

$85,018

Mcconnells' logging, inc. was initially approved for PPP Loan of amount $85,018, the current approved amount is $85,018. The loan was approved on 04/13/2020 by The Cadence Bank reported 9 jobs and $85,018 was used to fund payroll.

Mcconnells' logging, inc. is Existing or more than 2 years old

PPP Loan Search / AL / WHATLEY / Mcconnells' logging, inc.

MCCONNELLS' LOGGING, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MCCONNELLS' LOGGING, INC.

Borrower Address

40 MOCK ORANGE LANE WHATLEY, AL 36482

Borrower City

WHATLEY

Borrower State

AL

Borrower Zip

36482

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85017.50

Current Approval Amount

85017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHATLEY

Project County Name

CLARKE

Project State

AL

Project Zip

36482-0001

CD

AL-07

Jobs Reported

9

NAICS Code

113110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85017.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75503.03

Forgiveness Date

12/14/2020

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