PPP Loan information for Timmy j mayer d/b/a louies well drilling

$89,664

Timmy j mayer d/b/a louies well drilling was initially approved for PPP Loan of amount $89,664, the current approved amount is $89,664. The loan was approved on 05/05/2020 by The Central Savings Bank reported 4 jobs and $89,664 was used to fund payroll.

Timmy j mayer d/b/a louies well drilling is Existing or more than 2 years old

PPP Loan Search / MI / RUDYARD / Timmy j mayer d/b/a louies well drilling

TIMMY J MAYER D/B/A LOUIES WELL DRILLING

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TIMMY J MAYER D/B/A LOUIES WELL DRILLING

Borrower Address

20664 S DRYBURG RD PO BOX 124

Borrower City

RUDYARD

Borrower State

MI

Borrower Zip

49780-0124

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89663.70

Current Approval Amount

89663.70

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUDYARD

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49780-0124

CD

MI-01

Jobs Reported

4

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22415.70

Payroll Proceed

67248.00

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

Sole Proprietorship

Originating Lender Location Id

36459

Originating Lender

Central Savings Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90258.97

Forgiveness Date

01/07/2021

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