PPP Loan information for Sawdust lumber company

$700,000

Sawdust lumber company was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/06/2020 by The Isabella Bank reported 74 jobs and $700,000 was used to fund payroll.

Sawdust lumber company is Existing or more than 2 years old

PPP Loan Search / MI / BLANCHARD / Sawdust lumber company

SAWDUST LUMBER COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAWDUST LUMBER COMPANY

Borrower Address

725 Spring Street

Borrower City

BLANCHARD

Borrower State

MI

Borrower Zip

49310-9725

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLANCHARD

Project County Name

ISABELLA

Project State

MI

Project Zip

49310-9725

CD

MI-02

Jobs Reported

74

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8800.00

Payroll Proceed

552600.00

Mortgage Interest Proceed

0.00

Rent Proceed

13200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

110200.00

Debt Interest Proceed

15200

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

704276.71

Forgiveness Date

11/19/2020

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