PPP Loan information for Main logging inc

$236,800

Main logging inc was initially approved for PPP Loan of amount $236,800, the current approved amount is $236,800. The loan was approved on 04/06/2020 by The Western Commerce Bank reported 16 jobs and $236,800 was used to fund payroll.

Main logging inc is Existing or more than 2 years old

MAIN LOGGING INC

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MAIN LOGGING INC

Borrower Address

111 N MESA ST

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-4918

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236800.00

Current Approval Amount

236800.00

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

88220-4918

CD

NM-02

Jobs Reported

16

NAICS Code

541990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236800.00

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

239012.30

Forgiveness Date

03/18/2021

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