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Meadors Lumber Co, INC

$290,300 PPP Loan in Alma, Arkansas

Loan Details

Loan Number
8931887103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$290,300
Current Approval
$290,300
Forgiveness Amount
$292,113
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Meadors Lumber Co, INC
Address
218 Commerce Dr
City
Alma
State
Arkansas
ZIP Code
72921-4767
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$42.6M
Rural/Urban
Rural
Congressional District
AR-03

Loan Use Breakdown

Payroll
$217,725
Utilities
$36,288
Health Care
$36,288

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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