PPP Loan information for Chelsea lumber company

$1,641,090

Chelsea lumber company was initially approved for PPP Loan of amount $1,641,090, the current approved amount is $1,641,090. The loan was approved on 01/21/2021 by The Old National Bank reported 135 jobs and $1,641,090 was used to fund payroll.

Chelsea lumber company is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Chelsea lumber company

CHELSEA LUMBER COMPANY

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHELSEA LUMBER COMPANY

Borrower Address

1 Old Barn Cir

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-1432

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1641090.00

Current Approval Amount

1641090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1432

CD

MI-06

Jobs Reported

135

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1641089.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1649003.20

Forgiveness Date

07/23/2021

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