PPP Loan information for Tim kelm logging inc

$30,000

Tim kelm logging inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 03/08/2021 by The The First National Bank of Bemidji reported 2 jobs and $30,000 was used to fund payroll.

Tim kelm logging inc is Existing or more than 2 years old

TIM KELM LOGGING INC

Date Approved

03/08/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TIM KELM LOGGING INC

Borrower Address

11921 Cardinal Rd NW

Borrower City

Bemidji

Borrower State

MN

Borrower Zip

56601-7206

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bemidji

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-7206

CD

MN-08

Jobs Reported

2

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

Subchapter S Corporation

Originating Lender Location Id

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30097.50

Forgiveness Date

07/14/2021

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