PPP Loan information for Old forest lumber inc

$52,200

Old forest lumber inc was initially approved for PPP Loan of amount $52,200, the current approved amount is $52,200. The loan was approved on 04/06/2020 by The Bank Independent reported 11 jobs and $52,200 was used to fund payroll.

Old forest lumber inc is Existing or more than 2 years old

OLD FOREST LUMBER INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OLD FOREST LUMBER INC

Borrower Address

1338 Dave Wilson Circle

Borrower City

HOUSTON

Borrower State

AL

Borrower Zip

35572-2315

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52200.00

Current Approval Amount

52200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

WINSTON

Project State

AL

Project Zip

35572-2315

CD

AL-04

Jobs Reported

11

NAICS Code

321912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52200.00

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52730.70

Forgiveness Date

04/15/2021

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