Northern Log Supply LLC

$197,000 PPP Loan in Mayville, Michigan

Loan Details

Loan Number
4749917007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$197,000
Current Approval
$197,000
Forgiveness Amount
$199,769
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Log Supply LLC
Address
5765 Lobdell Rd
ZIP Code
48744
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$20.8M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$172,400
Rent
$1,600
Utilities
$7,600
Health Care
$7,000
Mortgage Interest
$4,800
Debt Interest
$3,600

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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