PPP Loan information for Peterson's well drilling

$61,000

Peterson's well drilling was initially approved for PPP Loan of amount $61,000, the current approved amount is $61,000. The loan was approved on 04/28/2020 by The Lake-Osceola State Bank reported 9 jobs and $61,000 was used to fund payroll.

Peterson's well drilling is Existing or more than 2 years old

PETERSON'S WELL DRILLING

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PETERSON'S WELL DRILLING

Borrower Address

6856 11 1/2 MILE RD

Borrower City

IRONS

Borrower State

MI

Borrower Zip

49644-9624

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61000.00

Current Approval Amount

61000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IRONS

Project County Name

LAKE

Project State

MI

Project Zip

49644-9624

CD

MI-02

Jobs Reported

9

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61269.42

Forgiveness Date

10/08/2020

;