PPP Loan information for Timberline electric

$19,835

Timberline electric was initially approved for PPP Loan of amount $19,835, the current approved amount is $19,835. The loan was approved on 03/10/2021 by The Central Savings Bank reported 2 jobs and $19,835 was used to fund payroll.

Timberline electric is Existing or more than 2 years old

PPP Loan Search / MI / Drummond Island / Timberline electric

TIMBERLINE ELECTRIC

Date Approved

03/10/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TIMBERLINE ELECTRIC

Borrower Address

35348 S Fairbanks Point Rd

Borrower City

Drummond Island

Borrower State

MI

Borrower Zip

49726-9441

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19834.54

Current Approval Amount

19834.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36459

Servicing Lender Name

Central Savings Bank

Servicing Lender Address

511 Bingham Ave

Servicing Lender City

SAULT SAINTE MARIE

Servicing Lender State

MI

Servicing Lender Zip

49783-2101

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Drummond Island

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49726-9441

CD

MI-01

Jobs Reported

2

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

19829.54

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

Subchapter S Corporation

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19918.84

Forgiveness Date

08/13/2021

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