PPP Loan information for Payne logging, llc

$25,575

Payne logging, llc was initially approved for PPP Loan of amount $25,575, the current approved amount is $25,575. The loan was approved on 04/06/2020 by The Community Spirit Bank reported 3 jobs and $25,575 was used to fund payroll.

Payne logging, llc is New Business or 2 years or less

PPP Loan Search / MS / DENNIS / Payne logging, llc

PAYNE LOGGING, LLC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PAYNE LOGGING, LLC

Borrower Address

320 COUNTY ROAD 6

Borrower City

DENNIS

Borrower State

MS

Borrower Zip

38838-9200

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25575.00

Current Approval Amount

25575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DENNIS

Project County Name

TISHOMINGO

Project State

MS

Project Zip

38838-9200

CD

MS-01

Jobs Reported

3

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20460.00

Mortgage Interest Proceed

2557.50

Rent Proceed

0.00

Refinance EIDL Proceed

2557.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25760.42

Forgiveness Date

12/31/2020

;