Banick Logging, Inc.

$59,600 PPP Loan in Brainerd, Minnesota

Loan Details

Loan Number
9174807010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$59,600
Current Approval
$59,600
Forgiveness Amount
$60,103
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Banick Logging, Inc.
Address
10986 Executive Acres Rd
ZIP Code
56401-4486
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$49,400
Utilities
$1,200
Mortgage Interest
$9,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

Other PPP Loans in Brainerd, MN

BusinessApproved
Thelen Heating & Roofing, Inc.$2,060,100NewBizBotAI Deep Dive
Madden Brothers, Inc.$1,982,218NewBizBotAI Deep Dive
Cragun Corporation$1,967,444NewBizBotAI Deep Dive
Madden Brothers, Inc.$1,415,800NewBizBotAI Deep Dive
Gcp II INC$1,331,700NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free