PPP Loan information for Buchan sawmill, inc

$72,202

Buchan sawmill, inc was initially approved for PPP Loan of amount $72,202, the current approved amount is $72,202. The loan was approved on 04/28/2020 by The First Merchants Bank reported 9 jobs and $72,202 was used to fund payroll.

Buchan sawmill, inc is Existing or more than 2 years old

BUCHAN SAWMILL, INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BUCHAN SAWMILL, INC

Borrower Address

3333 E 600 N

Borrower City

Decatur

Borrower State

IN

Borrower Zip

46733-9114

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72202.00

Current Approval Amount

72202.00

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

9

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72202.00

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

Subchapter S 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

72852.81

Forgiveness Date

03/29/2021

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