Shields Wood Products, INC

$283,600 PPP Loan in Arkadelphia, Arkansas

Loan Details

Loan Number
9772887001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$283,600
Current Approval
$283,600
Forgiveness Amount
$285,939
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shields Wood Products, INC
Address
97 Highway 51 N
ZIP Code
71923-9259
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$39.7M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$212,700
Rent
$42,540
Utilities
$28,360

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

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