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Somsel Lumber Company

$45,889 PPP Loan in Kaleva, Michigan

Loan Details

Loan Number
3577197210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$45,889
Current Approval
$45,889
Forgiveness Amount
$46,277
Forgiveness Date
Mar 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Somsel Lumber Company
Address
14261 9 Mile Rd
City
Kaleva
State
Michigan
ZIP Code
49645-0107
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$39,089
Utilities
$1,400
Health Care
$5,400

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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