Sawdust Lumber Company
$700,000 PPP Loan in Blanchard, Michigan
Loan Details
- Loan Number
- 5619667000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $700,000
- Current Approval
- $700,000
- Forgiveness Amount
- $704,277
- Forgiveness Date
- Nov 19, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sawdust Lumber Company
- Address
- 725 Spring Street
- City
- Blanchard
- State
- Michigan
- ZIP Code
- 49310-9725
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 74
- Estimated Revenue
- $22.7M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $552,600
- Rent
- $13,200
- Utilities
- $8,800
- Health Care
- $110,200
- Debt Interest
- $15,200
Lender Information
- Servicing Lender
- Isabella Bank
- Originating Lender
- Isabella Bank
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