PPP Loan information for The land and timber company inc

$47,700

The land and timber company inc was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/05/2020 by The Magnolia State Bank reported 5 jobs and $47,700 was used to fund payroll.

The land and timber company inc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / The land and timber company inc

THE LAND AND TIMBER COMPANY INC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE LAND AND TIMBER COMPANY INC

Borrower Address

338 Reedy Creek Road

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39443-0970

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39443-0970

CD

MS-04

Jobs Reported

5

NAICS Code

237210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47700.00

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

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48098.82

Forgiveness Date

02/11/2021

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