PPP Loan information for Shaneco timber inc

$109,700

Shaneco timber inc was initially approved for PPP Loan of amount $109,700, the current approved amount is $109,700. The loan was approved on 02/11/2021 by The Citizens Bank reported 11 jobs and $109,700 was used to fund payroll.

Shaneco timber inc is Existing or more than 2 years old

SHANECO TIMBER INC

Date Approved

02/11/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

SHANECO TIMBER INC

Borrower Address

12177 Nashville Rd

Borrower City

Blodgett

Borrower State

OR

Borrower Zip

97326-9500

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109700.00

Current Approval Amount

109700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blodgett

Project County Name

LINCOLN

Project State

OR

Project Zip

97326-9500

CD

OR-05

Jobs Reported

11

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

109699.00

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

Subchapter S Corporation

Originating Lender Location Id

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110454.38

Forgiveness Date

10/27/2021

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