PPP Loan information for Maeder brothers sawmill

$177,600

Maeder brothers sawmill was initially approved for PPP Loan of amount $177,600, the current approved amount is $177,600. The loan was approved on 04/15/2020 by The Isabella Bank reported 20 jobs and $177,600 was used to fund payroll.

Maeder brothers sawmill is Existing or more than 2 years old

MAEDER BROTHERS SAWMILL

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAEDER BROTHERS SAWMILL

Borrower Address

5016 W WEIDMAN RD

Borrower City

WEIDMAN

Borrower State

MI

Borrower Zip

48893-9718

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177600.00

Current Approval Amount

177600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEIDMAN

Project County Name

ISABELLA

Project State

MI

Project Zip

48893-9718

CD

MI-02

Jobs Reported

20

NAICS Code

321999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

22082.00

Payroll Proceed

142080.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6438

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179161.91

Forgiveness Date

03/10/2021

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