Colonial Bag Company, Inc.

$602,967 PPP Loan in Lake Park, Georgia

Loan Details

Loan Number
7040237000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$602,967
Current Approval
$602,967
Forgiveness Amount
$608,578
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Bag Company, Inc.
Address
1 Ocean Pond Ave
State
Georgia
ZIP Code
31636-3702
Business Type
Corporation
Industry (NAICS)
Manufacturing (314910)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$32.8M
Rural/Urban
Urban
Congressional District
GA-08

Loan Use Breakdown

Payroll
$553,310
Utilities
$40,146
Health Care
$7,941
Mortgage Interest
$1,570

Lender Information

Servicing Lender
The First Bank
Originating Lender
The First Bank

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