Andy Michalek Logging
$111,500 PPP Loan in Blackduck, Minnesota
Loan Details
- Loan Number
- 7647397009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $111,500
- Current Approval
- $111,500
- Forgiveness Amount
- $112,971
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Andy Michalek Logging
- Address
- 54529 Michalek Rd
- City
- Blackduck
- State
- Minnesota
- ZIP Code
- 56630-2059
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (113310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $90,500
- Rent
- $7,000
- Utilities
- $2,000
- Health Care
- $6,000
- Mortgage Interest
- $6,000
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
Other PPP Loans in Blackduck, MN
| Business | Approved | |
|---|---|---|
| Anderson Fabrics Inc. | $1,688,900 |  AI Deep Dive |
| Northwoods Lumber Company | $287,700 | AI Deep Dive |
| Severn INC | $125,600 | AI Deep Dive |
| Timberline Sports, INC | $121,200 | AI Deep Dive |
| Blackduck Co-Op Ag Services, INC | $114,400 | AI Deep Dive |
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