PPP Loan information for Cascade lumber company

$2,586,700

Cascade lumber company was initially approved for PPP Loan of amount $2,586,700, the current approved amount is $2,586,700. The loan was approved on 04/03/2020 by The Farmers & Merchants Savings Bank reported 185 jobs and $2,586,700 was used to fund payroll.

Cascade lumber company is Existing or more than 2 years old

PPP Loan Search / IA / CASCADE / Cascade lumber company

CASCADE LUMBER COMPANY

Date Approved

04/03/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CASCADE LUMBER COMPANY

Borrower Address

1000 1st Ave E

Borrower City

CASCADE

Borrower State

IA

Borrower Zip

52033-9471

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2586700.00

Current Approval Amount

2586700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CASCADE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52033-9471

CD

IA-02

Jobs Reported

185

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2586700.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2617093.72

Forgiveness Date

06/11/2021

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