Wood Resources, LLC

$1,560,500 PPP Loan in Avondale, Louisiana

Loan Details

Loan Number
7007807003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,560,500
Current Approval
$1,560,500
Forgiveness Amount
$1,572,247
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wood Resources, LLC
Address
5821 River Rd
ZIP Code
70094-2753
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212322)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$1,248,384
Rent
$225,814
Utilities
$4,500
Health Care
$37,996
Mortgage Interest
$35,406
Debt Interest
$8,400

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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