Sproul Timber Salvage INC

$362,500 PPP Loan in Myrtle Point, Oregon

Loan Details

Loan Number
5212857203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$362,500
Current Approval
$362,500
Forgiveness Amount
$367,595
Forgiveness Date
Oct 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sproul Timber Salvage INC
Address
54602 Old Highway 42
State
Oregon
ZIP Code
97458-9600
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113110)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OR-04

Loan Use Breakdown

Payroll
$362,500

Lender Information

Servicing Lender
Umpqua Bank
Originating Lender
Umpqua Bank

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