Mike Nielsen Logging, INC
$128,715 PPP Loan in Ely, Minnesota
Loan Details
- Loan Number
- 9831587006
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $128,715
- Current Approval
- $128,715
- Forgiveness Amount
- $129,634
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mike Nielsen Logging, INC
- Address
- 1979 Sotlich Rd
- City
- Ely
- State
- Minnesota
- ZIP Code
- 55731-8239
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (113310)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $102,972
- Mortgage Interest
- $25,743
Lender Information
- Servicing Lender
- Compeer Financial, Aca
- Originating Lender
- Compeer Financial, Aca
Other PPP Loans in Ely, MN
| Business | Approved | |
|---|---|---|
| Ely-Bloomenson Community Hospital & Nursing Home Corporation | $2,279,200 |  Research |
| Zupancich Bros. Inc. | $1,009,400 | Research |
| Louis Leustek & Sons, Inc. | $522,551 | Research |
| Grand Ely Lodge LLC | $491,050 | Research |
| Grand Ely Lodge, LLC | $350,750 | Research |
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