BRAZEALE LOGGING CO, INC. (AR) - 2020 PPP Loan Borrower Profile (# 5091627109)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BRAZEALE LOGGING CO, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Arkansas.
Loan Detail
Loan Number
5091627109
SBA Office Code
0669
Processing Method
PPP
Curent Loan Amount
$46,600
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$47,111.96
Date Loan was Forgiven
May 24, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,660
Payroll Proced
34,950
Rent Proceed
6,990
Lender
Southern Bancorp Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
113310
Borrower Location
SPARKMAN, AR
Project Location
SPARKMAN, AR
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.