ADVANCED TIMBER SERVICES INC (LA) - 2020 PPP Loan Borrower Profile (# 8810027107)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED TIMBER SERVICES 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 Louisiana.
Loan Detail
Loan Number
8810027107
SBA Office Code
0679
Processing Method
PPP
Curent Loan Amount
$200,500
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$201,746.89
Date Loan was Forgiven
Feb 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
16,708.33
Payroll Proced
150,375
Rent Proceed
16,708.33
Health Care Proceed
16,708.34
Lender
Gibsland Bank & Trust Company
Business Detail
Business Type
Corporation
NAICS
115310
Borrower Location
SHREVEPORT, LA
Project Location
SHREVEPORT, LA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
20
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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