Sorrells Sawmill Inc.

$316,200 PPP Loan in Sparkman, Arkansas

Loan Details

Loan Number
5874437009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$316,200
Current Approval
$316,200
Forgiveness Amount
$318,519
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sorrells Sawmill Inc.
Address
1423 Ouachita Road 36
ZIP Code
71763-8620
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$29.8M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$237,150
Utilities
$79,050

Lender Information

Servicing Lender
Generations Bank
Originating Lender
Generations Bank

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