Forestry South Logging, LLC

$72,911 PPP Loan in Lufkin, Texas

Loan Details

Loan Number
3887457102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$72,911
Current Approval
$72,911
Forgiveness Amount
$73,440
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Forestry South Logging, LLC
Address
8206 East State Highway 103
City
Lufkin
State
Texas
ZIP Code
75901-1053
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$63,000
Utilities
$800
Mortgage Interest
$8,000
Debt Interest
$1,111

Lender Information

Servicing Lender
Sabine State Bank & Trust Company
Originating Lender
Sabine State Bank & Trust Company

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