Cain Brothers Logging, Inc.
$100,000 PPP Loan in Negaunee, Michigan
Loan Details
- Loan Number
- 9469157002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $100,000
- Current Approval
- $100,000
- Forgiveness Amount
- $100,877
- Forgiveness Date
- Mar 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cain Brothers Logging, Inc.
- Address
- 1001 County Road 510
- City
- Negaunee
- State
- Michigan
- ZIP Code
- 49866-9746
- 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
- MI-01
Loan Use Breakdown
- Payroll
- $85,000
- Rent
- $5,000
- Utilities
- $3,000
- Debt Interest
- $7,000
Lender Information
- Servicing Lender
- Range Bank
- Originating Lender
- Range Bank
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|---|---|---|
| Eastwood Nursing Center of Negaunee, INC | $1,161,300 |  Research |
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| Pike Distributors, Inc. | $466,200 | Research |
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