PPP Loan information for Old log cabin inc

$246,300

Old log cabin inc was initially approved for PPP Loan of amount $246,300, the current approved amount is $246,300. The loan was approved on 02/25/2021 by The MidWestOne Bank reported 24 jobs and $246,300 was used to fund payroll.

Old log cabin inc is Existing or more than 2 years old

PPP Loan Search / MN / Forest Lake / Old log cabin inc

OLD LOG CABIN INC

Date Approved

02/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OLD LOG CABIN INC

Borrower Address

9726 Scandia Trl N

Borrower City

Forest Lake

Borrower State

MN

Borrower Zip

55025-8934

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

246300.00

Current Approval Amount

246300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest Lake

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-8934

CD

MN-08

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

246298.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248653.53

Forgiveness Date

02/10/2022

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