Rickey Nelms Logging, Inc.

$157,000 PPP Loan in Hamburg, Arkansas

Loan Details

Loan Number
6004177004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$157,000
Current Approval
$157,000
Forgiveness Amount
$159,093
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rickey Nelms Logging, Inc.
Address
519 Ashley Road 95
ZIP Code
71646-8707
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$117,750
Debt Interest
$39,250

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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