PPP Loan information for Ra logging inc.

$70,800

Ra logging inc. was initially approved for PPP Loan of amount $70,800, the current approved amount is $70,800. The loan was approved on 04/08/2020 by The Southern Bancorp Bank reported 5 jobs and $70,800 was used to fund payroll.

Ra logging inc. is New Business or 2 years or less

RA LOGGING INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

RA LOGGING INC.

Borrower Address

328 Perry Street

Borrower City

GLENWOOD

Borrower State

AR

Borrower Zip

71943-9518

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70800.00

Current Approval Amount

70800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GLENWOOD

Project County Name

PIKE

Project State

AR

Project Zip

71943-9518

CD

AR-04

Jobs Reported

5

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7080.00

Payroll Proceed

53100.00

Mortgage Interest Proceed

0.00

Rent Proceed

10620.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71447.87

Forgiveness Date

03/11/2021

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