Potts Logging INC
$89,801 PPP Loan in Lafayette, Alabama
Loan Details
- Loan Number
- 7879247009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $89,801
- Current Approval
- $89,801
- Forgiveness Amount
- $90,480
- Forgiveness Date
- Jan 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Potts Logging INC
- Address
- 1326 County Road 105
- City
- Lafayette
- State
- Alabama
- ZIP Code
- 36862-3610
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (113310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- AL-03
Loan Use Breakdown
- Payroll
- $89,801
Lender Information
- Servicing Lender
- Farmers and Merchants Bank
- Originating Lender
- Farmers and Merchants Bank
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|---|---|---|
| Tallapoosa River Electric Cooperative Inc. | $1,460,143 |  Research |
| Lafayette Nursing Home, LLC | $515,700 | Research |
| Lafayette Extended Care, LLC | $494,500 | Research |
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| Woodchop Timber Harvesting INC | $220,857 | Research |
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