Nelms Brothers Logging Inc.
$253,000 PPP Loan in Montrose, Arkansas
Loan Details
- Loan Number
- 4770007010
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $253,000
- Current Approval
- $253,000
- Forgiveness Amount
- $255,122
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Nelms Brothers Logging Inc.
- Address
- 179 Ashley Road 107
- City
- Montrose
- State
- Arkansas
- ZIP Code
- 71658-9520
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (113310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AR-04
Loan Use Breakdown
- Payroll
- $189,800
- Debt Interest
- $63,200
Lender Information
- Servicing Lender
- The Citizens Bank
- Originating Lender
- The Citizens Bank
Other PPP Loans in Montrose, AR
| Business | Approved | |
|---|---|---|
| Nelms Trucking LLC | $220,220 | |
| Nelms Trucking LLC | $193,500 | |
| Sassy Jones Great Southern Sauce & Spice Company Inc. | $58,325 | |
| Sassy Jones Great Southern Sauce and Spice Company Inc. | $51,218 | |
| Wilson Brake Farms, LLC | $35,400 |
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