PPP Loan information for Potts logging inc

$89,801

Potts logging inc was initially approved for PPP Loan of amount $89,801, the current approved amount is $89,801. The loan was approved on 04/08/2020 by The Farmers and Merchants Bank reported 14 jobs and $89,801 was used to fund payroll.

Potts logging inc is Existing or more than 2 years old

PPP Loan Search / AL / LAFAYETTE / Potts logging inc

POTTS LOGGING INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

POTTS LOGGING INC

Borrower Address

1326 COUNTY ROAD 105

Borrower City

LAFAYETTE

Borrower State

AL

Borrower Zip

36862-3610

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89801.31

Current Approval Amount

89801.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2074

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

2 First St North E

Servicing Lender City

LAFAYETTE

Servicing Lender State

AL

Servicing Lender Zip

36862

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

CHAMBERS

Project State

AL

Project Zip

36862-3610

CD

AL-03

Jobs Reported

14

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89801.31

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90479.81

Forgiveness Date

01/06/2021

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