PPP Loan information for Tim sherer logging co. inc.

$96,455

Tim sherer logging co. inc. was initially approved for PPP Loan of amount $96,455, the current approved amount is $96,455. The loan was approved on 04/08/2020 by The Pinnacle Bank reported 9 jobs and $96,455 was used to fund payroll.

Tim sherer logging co. inc. is Existing or more than 2 years old

TIM SHERER LOGGING CO. INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TIM SHERER LOGGING CO. INC.

Borrower Address

373 Webb Drive

Borrower City

NAUVOO

Borrower State

AL

Borrower Zip

35578-5308

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96455.00

Current Approval Amount

96455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121641

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1811 2nd Ave

Servicing Lender City

JASPER

Servicing Lender State

AL

Servicing Lender Zip

35501-5381

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAUVOO

Project County Name

WALKER

Project State

AL

Project Zip

35578-5308

CD

AL-04

Jobs Reported

9

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96455.00

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

121641

Originating Lender

Pinnacle Bank

Originating Lender City

JASPER

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87982.16

Forgiveness Date

11/19/2020

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