PPP Loan information for Northern log supply llc

$197,000

Northern log supply llc was initially approved for PPP Loan of amount $197,000, the current approved amount is $197,000. The loan was approved on 04/04/2020 by The 1st State Bank reported 21 jobs and $197,000 was used to fund payroll.

Northern log supply llc is Existing or more than 2 years old

PPP Loan Search / MI / MAYVILLE / Northern log supply llc

NORTHERN LOG SUPPLY LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN LOG SUPPLY LLC

Borrower Address

5765 LOBDELL RD

Borrower City

MAYVILLE

Borrower State

MI

Borrower Zip

48744

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197000.00

Current Approval Amount

197000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYVILLE

Project County Name

TUSCOLA

Project State

MI

Project Zip

48744-9788

CD

MI-09

Jobs Reported

21

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7600.00

Payroll Proceed

172400.00

Mortgage Interest Proceed

4800.00

Rent Proceed

1600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

3600

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199768.94

Forgiveness Date

09/07/2021

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