Gibson Timber Company Inc.

$108,500 PPP Loan in Clanton, Alabama

Loan Details

Loan Number
2697757103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$108,500
Current Approval
$108,500
Forgiveness Amount
$109,718
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gibson Timber Company Inc.
Address
700 7th St North
State
Alabama
ZIP Code
35045-2749
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-06

Loan Use Breakdown

Payroll
$91,700
Utilities
$3,000
Health Care
$10,000
Mortgage Interest
$3,800

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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