PPP Loan information for Hautala distributing co inc

$40,372

Hautala distributing co inc was initially approved for PPP Loan of amount $40,372, the current approved amount is $40,372. The loan was approved on 04/24/2021 by The The First National Bank of Wakefield reported 5 jobs and $40,372 was used to fund payroll.

Hautala distributing co inc is Existing or more than 2 years old

PPP Loan Search / MI / Wakefield / Hautala distributing co inc

HAUTALA DISTRIBUTING CO INC

Date Approved

04/24/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HAUTALA DISTRIBUTING CO INC

Borrower Address

407 Hancock St

Borrower City

Wakefield

Borrower State

MI

Borrower Zip

49968-1330

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40372.00

Current Approval Amount

40372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36552

Servicing Lender Name

The First National Bank of Wakefield

Servicing Lender Address

402 Sunday Lake St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MI

Servicing Lender Zip

49968-1338

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

GOGEBIC

Project State

MI

Project Zip

49968-1330

CD

MI-01

Jobs Reported

5

NAICS Code

424820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40371.00

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

Subchapter S Corporation

Originating Lender Location Id

36552

Originating Lender

The First National Bank of Wakefield

Originating Lender City

WAKEFIELD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40543.58

Forgiveness Date

10/04/2021

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