PPP Loan information for Chelsea lumber company

$1,659,000

Chelsea lumber company was initially approved for PPP Loan of amount $1,659,000, the current approved amount is $1,659,000. The loan was approved on 04/05/2020 by The Old National Bank reported 127 jobs and $1,659,000 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

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHELSEA LUMBER COMPANY

Borrower Address

1 Old Barn Circle

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1499

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1659000.00

Current Approval Amount

1659000.00

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

48118-1499

CD

MI-06

Jobs Reported

127

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1659000.00

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

1659662.03

Forgiveness Date

12/08/2020

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