Smith Sawmill Service, LLC

$545,144 PPP Loan in Timpson, Texas

Loan Details

Loan Number
5765067006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$545,144
Current Approval
$545,144
Forgiveness Amount
$548,854
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Sawmill Service, LLC
Address
181 County Road 4763
State
Texas
ZIP Code
75975-2585
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115310)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$465,000
Utilities
$20,000
Health Care
$32,000
Mortgage Interest
$13,954
Debt Interest
$14,190

Lender Information

Servicing Lender
American State Bank
Originating Lender
American State Bank

Other PPP Loans in Timpson, TX

BusinessApproved
Nix Forest Industries Inc.$425,500NewBizBotAI Deep Dive
Ross Lumber INC$303,637NewBizBotAI Deep Dive
M & M Sales and Service LLC$263,673NewBizBotAI Deep Dive
M & M Sales and Service LLC$263,672NewBizBotAI Deep Dive
H5 Farms LLC$213,547NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free