Timber Products of Iron Mountain, Inc.
$627,000 PPP Loan in Iron Mountain, Michigan
Loan Details
- Loan Number
- 5745197002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $627,000
- Current Approval
- $627,000
- Forgiveness Amount
- $211,525
- Forgiveness Date
- Mar 9, 2021
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Timber Products of Iron Mountain, Inc.
- Address
- 611 Industrial Drive
- City
- Iron Mountain
- State
- Michigan
- ZIP Code
- 49801-1423
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $7.5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $470,250
- Utilities
- $62,700
- Mortgage Interest
- $94,050
Lender Information
- Servicing Lender
- First National Bank & Trust Co
- Originating Lender
- First National Bank & Trust Co
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