Southgate Timber Company

$111,300 PPP Loan in Purvis, Mississippi

Loan Details

Loan Number
6606407009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$111,300
Current Approval
$111,300
Forgiveness Amount
$111,998
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southgate Timber Company
Address
63 Central Industrial Row
City
Purvis
ZIP Code
39475-4153
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113110)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$86,252
Utilities
$14,437
Health Care
$10,611

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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