Simmons Logging LLC

$408,071 PPP Loan in Brownsville, Tennessee

Loan Details

Loan Number
6955527106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$408,071
Current Approval
$408,071
Forgiveness Amount
$412,038
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Simmons Logging LLC
Address
444 Powell St
ZIP Code
38012-3311
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$353,471
Rent
$7,000
Utilities
$19,600
Mortgage Interest
$28,000

Lender Information

Servicing Lender
Insouth Bank
Originating Lender
Insouth Bank

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