PPP Loan information for Main logging inc

$236,845

Main logging inc was initially approved for PPP Loan of amount $236,845, the current approved amount is $236,845. The loan was approved on 02/07/2021 by The Western Commerce Bank reported 13 jobs and $236,845 was used to fund payroll.

Main logging inc is Existing or more than 2 years old

MAIN LOGGING INC

Date Approved

02/07/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

MAIN LOGGING INC

Borrower Address

1111 N Mesa St

Borrower City

Carlsbad

Borrower State

NM

Borrower Zip

88220-5238

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236845.00

Current Approval Amount

236845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

EDDY

Project State

NM

Project Zip

88220-5238

CD

NM-02

Jobs Reported

13

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

236840.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238804.65

Forgiveness Date

12/08/2021

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