PPP Loan information for Merickel lumber mills, inc.

$442,900

Merickel lumber mills, inc. was initially approved for PPP Loan of amount $442,900, the current approved amount is $442,900. The loan was approved on 04/08/2020 by The Wadena State Bank reported 36 jobs and $442,900 was used to fund payroll.

Merickel lumber mills, inc. is Existing or more than 2 years old

MERICKEL LUMBER MILLS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MERICKEL LUMBER MILLS, INC.

Borrower Address

630 Ash Ave. NW

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1100

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

442900.00

Current Approval Amount

442900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-1100

CD

MN-07

Jobs Reported

36

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

442900.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

446393.99

Forgiveness Date

01/20/2021

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