PPP Loan information for South logging co.

$61,882

South logging co. was initially approved for PPP Loan of amount $61,882, the current approved amount is $61,882. The loan was approved on 04/06/2020 by The Community Spirit Bank reported 5 jobs and $61,882 was used to fund payroll.

South logging co. is Existing or more than 2 years old

SOUTH LOGGING CO.

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTH LOGGING CO.

Borrower Address

6 SOUTH DRIVE

Borrower City

FULTON

Borrower State

MS

Borrower Zip

38843-8843

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61882.00

Current Approval Amount

61882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FULTON

Project County Name

ITAWAMBA

Project State

MS

Project Zip

38843-8843

CD

MS-01

Jobs Reported

5

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

49505.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7377

Business Type

Sole Proprietorship

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62291.11

Forgiveness Date

12/08/2020

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