PPP Loan information for Malburg forest products, inc

$71,875

Malburg forest products, inc was initially approved for PPP Loan of amount $71,875, the current approved amount is $71,875. The loan was approved on 04/11/2020 by The Honor Bank reported 6 jobs and $71,875 was used to fund payroll.

Malburg forest products, inc is Existing or more than 2 years old

PPP Loan Search / MI / MANISTEE / Malburg forest products, inc

MALBURG FOREST PRODUCTS, INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MALBURG FOREST PRODUCTS, INC

Borrower Address

11230 US HIGHWAY 31

Borrower City

MANISTEE

Borrower State

MI

Borrower Zip

49660-8913

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71875.00

Current Approval Amount

71875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANISTEE

Project County Name

MANISTEE

Project State

MI

Project Zip

49660-8913

CD

MI-02

Jobs Reported

6

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53906.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17969.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72296.27

Forgiveness Date

11/12/2020

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