PPP Loan information for Meadors lumber co, inc

$290,300

Meadors lumber co, inc was initially approved for PPP Loan of amount $290,300, the current approved amount is $290,300. The loan was approved on 04/15/2020 by The The First National Bank of Fort Smith reported 43 jobs and $290,300 was used to fund payroll.

Meadors lumber co, inc is Existing or more than 2 years old

MEADORS LUMBER CO, INC

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MEADORS LUMBER CO, INC

Borrower Address

218 Commerce Dr

Borrower City

ALMA

Borrower State

AR

Borrower Zip

72921-4767

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290300.00

Current Approval Amount

290300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

CRAWFORD

Project State

AR

Project Zip

72921-4767

CD

AR-03

Jobs Reported

43

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36287.50

Payroll Proceed

217725.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36287.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292113.38

Forgiveness Date

12/08/2020

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