L&r Timber Company, Inc.

$341,400 PPP Loan in San Augustine, Texas

Loan Details

Loan Number
5260237003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$341,400
Current Approval
$341,400
Forgiveness Amount
$343,701
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
L&r Timber Company, Inc.
Address
240 Fm 3451
State
Texas
ZIP Code
75972-4247
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$35.7M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$273,000
Utilities
$68,400

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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