PPP Loan information for Settlers' cooperative, inc.

$247,871

Settlers' cooperative, inc. was initially approved for PPP Loan of amount $247,871, the current approved amount is $247,871. The loan was approved on 04/15/2020 by The Gogebic Range Bank reported 55 jobs and $247,871 was used to fund payroll.

Settlers' cooperative, inc. is Existing or more than 2 years old

SETTLERS' COOPERATIVE, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SETTLERS' COOPERATIVE, INC.

Borrower Address

140403 US Hwy 45 N PO Box 50

Borrower City

Bruce Crossing

Borrower State

MI

Borrower Zip

49912

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247871.00

Current Approval Amount

247871.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bruce Crossing

Project County Name

ONTONAGON

Project State

MI

Project Zip

49912-0011

CD

MI-01

Jobs Reported

55

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247871.00

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

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

249772.48

Forgiveness Date

01/26/2021

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