Woodland Equipment, INC

$185,500 PPP Loan in Iron River, Michigan

Loan Details

Loan Number
4914477000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$185,500
Current Approval
$185,500
Forgiveness Amount
$187,036
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woodland Equipment, INC
Address
1581 W Adams St
ZIP Code
49935-1266
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$164,400
Rent
$13,400
Utilities
$7,700

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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