# PPP loan: CHRIS REED LOGGING INC
> **$173K** approved 01/16/2021 · Paid in Full · Loan `1262358300`
## Borrower
- **Name:** CHRIS REED LOGGING INC
- **Address:** 240 Blue Rock Rd, Rison, AR, 71665-8141
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Connect Bank
- **Servicing:** Connect Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*