PPP Loan information for Shomaker lumber company, inc

$361,028

Shomaker lumber company, inc was initially approved for PPP Loan of amount $361,028, the current approved amount is $361,028. The loan was approved on 04/14/2020 by The Carroll Bank & Trust reported 45 jobs and $361,028 was used to fund payroll.

Shomaker lumber company, inc is Existing or more than 2 years old

PPP Loan Search / TN / MC KENZIE / Shomaker lumber company, inc

SHOMAKER LUMBER COMPANY, INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHOMAKER LUMBER COMPANY, INC

Borrower Address

24895 HIGHWAY 22

Borrower City

MC KENZIE

Borrower State

TN

Borrower Zip

38201-8915

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361027.50

Current Approval Amount

361027.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67225

Servicing Lender Name

Carroll Bank & Trust

Servicing Lender Address

19510 W Main St

Servicing Lender City

HUNTINGDON

Servicing Lender State

TN

Servicing Lender Zip

38344-3600

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MC KENZIE

Project County Name

CARROLL

Project State

TN

Project Zip

38201-8915

CD

TN-08

Jobs Reported

45

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24255.50

Payroll Proceed

288822.00

Mortgage Interest Proceed

47950.00

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

67225

Originating Lender

Carroll Bank & Trust

Originating Lender City

HUNTINGDON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

364261.91

Forgiveness Date

03/09/2021

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