Michigan Lumber & Wood Fiber, INC

$222,456 PPP Loan in Comins, Michigan

Loan Details

Loan Number
8933297009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$222,456
Current Approval
$222,456
Forgiveness Amount
$225,253
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Lumber & Wood Fiber, INC
Address
4776 Abbe Rd Po Box 97
City
Comins
ZIP Code
48619-9730
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$149,734
Rent
$5,582
Utilities
$49,540
Health Care
$16,000
Debt Interest
$1,600

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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