PPP Loan information for Sawtooth lumber inc

$70,400

Sawtooth lumber inc was initially approved for PPP Loan of amount $70,400, the current approved amount is $70,400. The loan was approved on 04/05/2020 by The The Bank of Elk River reported 7 jobs and $70,400 was used to fund payroll.

Sawtooth lumber inc is Existing or more than 2 years old

PPP Loan Search / MN / GRAND MARAIS / Sawtooth lumber inc

SAWTOOTH LUMBER INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SAWTOOTH LUMBER INC

Borrower Address

1620 HIGHWAY 61

Borrower City

GRAND MARAIS

Borrower State

MN

Borrower Zip

55604-7502

Loan Status Date

06/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70400.00

Current Approval Amount

70400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MARAIS

Project County Name

COOK

Project State

MN

Project Zip

55604-7502

CD

MN-08

Jobs Reported

7

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70400.00

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

Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71223.58

Forgiveness Date

06/16/2021

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