PPP Loan information for Somsel lumber company

$45,889

Somsel lumber company was initially approved for PPP Loan of amount $45,889, the current approved amount is $45,889. The loan was approved on 04/27/2020 by The Honor Bank reported 6 jobs and $45,889 was used to fund payroll.

Somsel lumber company is Existing or more than 2 years old

PPP Loan Search / MI / Kaleva / Somsel lumber company

SOMSEL LUMBER COMPANY

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOMSEL LUMBER COMPANY

Borrower Address

14261 9 Mile Rd

Borrower City

Kaleva

Borrower State

MI

Borrower Zip

49645-0107

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45889.00

Current Approval Amount

45889.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kaleva

Project County Name

MANISTEE

Project State

MI

Project Zip

49645-0107

CD

MI-02

Jobs Reported

6

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

39089.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46276.51

Forgiveness Date

03/08/2021

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