Maeder Borthers Quality Wood Pellets

$191,832 PPP Loan in Weidman, Michigan

Loan Details

Loan Number
9488557108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$191,832
Current Approval
$191,832
Forgiveness Amount
$193,193
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maeder Borthers Quality Wood Pellets
Address
5180 W. Weidman Rd
ZIP Code
48893-9718
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$11.9M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$153,466
Utilities
$38,366

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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