PPP Loan information for Erickson's itasca lumber

$42,300

Erickson's itasca lumber was initially approved for PPP Loan of amount $42,300, the current approved amount is $42,300. The loan was approved on 04/06/2020 by The Deerwood Bank reported 6 jobs and $42,300 was used to fund payroll.

Erickson's itasca lumber is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Erickson's itasca lumber

ERICKSON'S ITASCA LUMBER

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERICKSON'S ITASCA LUMBER

Borrower Address

20834 US HWY 169

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42300.00

Current Approval Amount

42300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-0001

CD

MN-08

Jobs Reported

6

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2300.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42515.03

Forgiveness Date

10/13/2020

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