PPP Loan information for Reaves timber co., inc.

$72,707

Reaves timber co., inc. was initially approved for PPP Loan of amount $72,707, the current approved amount is $72,707. The loan was approved on 04/10/2020 by The FirstState Bank reported 14 jobs and $72,707 was used to fund payroll.

Reaves timber co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / NEWELL / Reaves timber co., inc.

REAVES TIMBER CO., INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REAVES TIMBER CO., INC.

Borrower Address

5317 OLD HIGHWAY 431

Borrower City

NEWELL

Borrower State

AL

Borrower Zip

36280-3003

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72707.00

Current Approval Amount

72707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2080

Servicing Lender Name

FirstState Bank

Servicing Lender Address

88730 Hwy 9

Servicing Lender City

LINEVILLE

Servicing Lender State

AL

Servicing Lender Zip

36266-6942

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWELL

Project County Name

RANDOLPH

Project State

AL

Project Zip

36280-3003

CD

AL-03

Jobs Reported

14

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72707.00

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

Corporation

Originating Lender Location Id

2080

Originating Lender

FirstState Bank

Originating Lender City

LINEVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65033.19

Forgiveness Date

10/15/2020

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