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Chelsea Lumber Company

$1,659,000 PPP Loan in Chelsea, Michigan

Loan Details

Loan Number
5348947009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,659,000
Current Approval
$1,659,000
Forgiveness Amount
$1,669,745
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chelsea Lumber Company
Address
1 Old Barn Circle
City
Chelsea
State
Michigan
ZIP Code
48118-1499
Business Type
Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,659,000

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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