PPP Loan information for Spring arbor lumber company

$155,581

Spring arbor lumber company was initially approved for PPP Loan of amount $155,581, the current approved amount is $155,581. The loan was approved on 04/30/2020 by The Southern Michigan Bank & Trust reported 26 jobs and $155,581 was used to fund payroll.

Spring arbor lumber company is Existing or more than 2 years old

SPRING ARBOR LUMBER COMPANY

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPRING ARBOR LUMBER COMPANY

Borrower Address

7700 Spring Arbor Rd.

Borrower City

SPRING ARBOR

Borrower State

MI

Borrower Zip

49283-9510

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155581.00

Current Approval Amount

155581.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING ARBOR

Project County Name

JACKSON

Project State

MI

Project Zip

49283-9510

CD

MI-05

Jobs Reported

26

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155581.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

157482.07

Forgiveness Date

07/29/2021

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