PPP Loan information for Buchan logging inc

$23,574

Buchan logging inc was initially approved for PPP Loan of amount $23,574, the current approved amount is $23,574. The loan was approved on 03/23/2021 by The First Merchants Bank reported 5 jobs and $23,574 was used to fund payroll.

Buchan logging inc is Existing or more than 2 years old

BUCHAN LOGGING INC

Date Approved

03/23/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BUCHAN LOGGING INC

Borrower Address

3333 E 600 N

Borrower City

Decatur

Borrower State

IN

Borrower Zip

46733-9114

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23574.00

Current Approval Amount

23574.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

ADAMS

Project State

IN

Project Zip

46733-9114

CD

IN-03

Jobs Reported

5

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23571.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23659.90

Forgiveness Date

08/06/2021

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