PPP Loan information for Shields wood products, inc

$283,600

Shields wood products, inc was initially approved for PPP Loan of amount $283,600, the current approved amount is $283,600. The loan was approved on 04/09/2020 by The Southern Bancorp Bank reported 40 jobs and $283,600 was used to fund payroll.

Shields wood products, inc is Existing or more than 2 years old

PPP Loan Search / AR / ARKADELPHIA / Shields wood products, inc

SHIELDS WOOD PRODUCTS, INC

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SHIELDS WOOD PRODUCTS, INC

Borrower Address

97 HIGHWAY 51 N

Borrower City

ARKADELPHIA

Borrower State

AR

Borrower Zip

71923-9259

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283600.00

Current Approval Amount

283600.00

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

Existing or more than 2 years old

Project City

ARKADELPHIA

Project County Name

CLARK

Project State

AR

Project Zip

71923-9259

CD

AR-04

Jobs Reported

40

NAICS Code

321113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28360.00

Payroll Proceed

212700.00

Mortgage Interest Proceed

0.00

Rent Proceed

42540.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285938.73

Forgiveness Date

02/09/2021

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