PPP Loan information for Hedstrom lumber company, inc.

$378,500

Hedstrom lumber company, inc. was initially approved for PPP Loan of amount $378,500, the current approved amount is $378,500. The loan was approved on 04/05/2020 by The Park State Bank reported 36 jobs and $378,500 was used to fund payroll.

Hedstrom lumber company, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND MARAIS / Hedstrom lumber company, inc.

HEDSTROM LUMBER COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEDSTROM LUMBER COMPANY, INC.

Borrower Address

1504 Gunflint Trail

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-2000

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

378500.00

Current Approval Amount

378500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MARAIS

Project County Name

COOK

Project State

MN

Project Zip

55604-2000

CD

MN-08

Jobs Reported

36

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378500.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

383446.42

Forgiveness Date

08/06/2021

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