Nix Forest Industries Inc.

$425,500 PPP Loan in Timpson, Texas

Loan Details

Loan Number
1486157106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$425,500
Current Approval
$425,500
Forgiveness Amount
$429,440
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nix Forest Industries Inc.
Address
14732 State Highway 87 N
State
Texas
ZIP Code
75975-4114
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113110)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$340,400
Utilities
$85,100

Lender Information

Servicing Lender
Shelby Savings Bank, Ssb
Originating Lender
Shelby Savings Bank, Ssb

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