PPP Loan information for Old log cabin inc

$108,000

Old log cabin inc was initially approved for PPP Loan of amount $108,000, the current approved amount is $108,000. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 47 jobs and $108,000 was used to fund payroll.

Old log cabin inc is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Old log cabin inc

OLD LOG CABIN INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OLD LOG CABIN INC

Borrower Address

9726 Scandia Trail N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108000.00

Current Approval Amount

108000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

47

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6750.00

Payroll Proceed

81000.00

Mortgage Interest Proceed

6750.00

Rent Proceed

6750.00

Refinance EIDL Proceed

6750.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109419.00

Forgiveness Date

08/04/2021

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