Low Impact Logging INC
$117,400 PPP Loan in Iron River, Michigan
Loan Details
- Loan Number
- 2951817104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $117,400
- Current Approval
- $117,400
- Forgiveness Amount
- $118,365
- Forgiveness Date
- Feb 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Low Impact Logging INC
- Address
- 3172 US Highway 2
- City
- Iron River
- State
- Michigan
- ZIP Code
- 49935-8568
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (113310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $88,050
- Utilities
- $29,350
Lender Information
- Servicing Lender
- Nicolet National Bank
- Originating Lender
- Nicolet National Bank
Other PPP Loans in Iron River, MI
| Business | Approved | |
|---|---|---|
| Krist Oil Co. | $843,500 | |
| Krist Oil Co. | $822,700 | |
| Hebert Construction Co. | $549,310 | |
| Hebert Construction Co. | $549,310 | |
| Angeli Foods Company | $525,750 |
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