PPP Loan information for S5 logging

$7,800

S5 logging was initially approved for PPP Loan of amount $7,800, the current approved amount is $7,800. The loan was approved on 04/29/2020 by The River Bank & Trust reported 4 jobs and $7,800 was used to fund payroll.

S5 logging is New Business or 2 years or less

S5 LOGGING

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

S5 LOGGING

Borrower Address

8899 LEE ROAD 158

Borrower City

SALEM

Borrower State

AL

Borrower Zip

36874-3782

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7800.00

Current Approval Amount

7800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

LEE

Project State

AL

Project Zip

36874-3782

CD

AL-03

Jobs Reported

4

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7800.00

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

Sole Proprietorship

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7902.27

Forgiveness Date

08/18/2021

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