PPP Loan information for Sanders logging inc

$96,918

Sanders logging inc was initially approved for PPP Loan of amount $96,918, the current approved amount is $96,918. The loan was approved on 04/07/2020 by The Farmers and Merchants Bank reported 10 jobs and $96,918 was used to fund payroll.

Sanders logging inc is Existing or more than 2 years old

SANDERS LOGGING INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SANDERS LOGGING INC

Borrower Address

1230 COUNTY ROAD 54

Borrower City

CAMP HILL

Borrower State

AL

Borrower Zip

36850-2617

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96917.50

Current Approval Amount

96917.50

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

CAMP HILL

Project County Name

CHAMBERS

Project State

AL

Project Zip

36850-2617

CD

AL-03

Jobs Reported

10

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96917.50

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

2074

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAFAYETTE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97536.70

Forgiveness Date

11/24/2020

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