The Indiana Northeastern Railroad Company
$169,800 PPP Loan in Hillsdale, Michigan
Loan Details
- Loan Number
- 5407997003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $169,800
- Current Approval
- $169,800
- Forgiveness Amount
- $170,951
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Indiana Northeastern Railroad Company
- Address
- 50 Monroe St
- City
- Hillsdale
- State
- Michigan
- ZIP Code
- 49242-1219
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (482112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $140,000
- Utilities
- $4,300
- Health Care
- $25,000
- Debt Interest
- $500
Lender Information
- Servicing Lender
- Lake City Bank
- Originating Lender
- Lake City Bank
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