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Shomaker Lumber Company, INC

$361,028 PPP Loan in Mc Kenzie, Tennessee

Loan Details

Loan Number
6576677105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$361,028
Current Approval
$361,028
Forgiveness Amount
$364,262
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shomaker Lumber Company, INC
Address
24895 Highway 22
City
Mc Kenzie
State
Tennessee
ZIP Code
38201-8915
Business Type
Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$44.6M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$288,822
Utilities
$24,256
Mortgage Interest
$47,950

Lender Information

Servicing Lender
Carroll Bank & Trust
Originating Lender
Carroll Bank & Trust

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