Preston Feather Lumber

$1,366,625 PPP Loan in Petoskey, Michigan

Loan Details

Loan Number
5549077004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,366,625
Current Approval
$1,366,625
Forgiveness Amount
$1,374,698
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Preston Feather Lumber
Address
900 Spring St
ZIP Code
49770-2855
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$22.5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$1,169,733
Rent
$108,000
Utilities
$32,900
Health Care
$55,992

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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