PPP Loan information for Deshano lumber company

$78,925

Deshano lumber company was initially approved for PPP Loan of amount $78,925, the current approved amount is $78,925. The loan was approved on 04/08/2020 by The Mercantile Bank reported 8 jobs and $78,925 was used to fund payroll.

Deshano lumber company is Existing or more than 2 years old

PPP Loan Search / MI / GLADWIN / Deshano lumber company

DESHANO LUMBER COMPANY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DESHANO LUMBER COMPANY

Borrower Address

325 COMMERCE CT

Borrower City

GLADWIN

Borrower State

MI

Borrower Zip

48624-1225

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78925.00

Current Approval Amount

78925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLADWIN

Project County Name

GLADWIN

Project State

MI

Project Zip

48624-1225

CD

MI-04

Jobs Reported

8

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

63340.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6085

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79980.22

Forgiveness Date

08/18/2021

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