PPP Loan information for Mountain timber inc

$212,300

Mountain timber inc was initially approved for PPP Loan of amount $212,300, the current approved amount is $212,300. The loan was approved on 02/02/2021 by The First Security Bank reported 39 jobs and $212,300 was used to fund payroll.

Mountain timber inc is Existing or more than 2 years old

PPP Loan Search / AR / Hector / Mountain timber inc

MOUNTAIN TIMBER INC

Date Approved

02/02/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MOUNTAIN TIMBER INC

Borrower Address

770 Cannaday Flat Rd

Borrower City

Hector

Borrower State

AR

Borrower Zip

72843-9115

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212300.00

Current Approval Amount

212300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hector

Project County Name

POPE

Project State

AR

Project Zip

72843-9115

CD

AR-04

Jobs Reported

39

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

212298.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214529.15

Forgiveness Date

02/23/2022

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