PPP Loan information for Pierce lumber inc

$326,497

Pierce lumber inc was initially approved for PPP Loan of amount $326,497, the current approved amount is $326,497. The loan was approved on 01/26/2021 by The Chelsea Savings Bank reported 34 jobs and $326,497 was used to fund payroll.

Pierce lumber inc is Existing or more than 2 years old

PIERCE LUMBER INC

Date Approved

01/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

PIERCE LUMBER INC

Borrower Address

1629 13th St

Borrower City

Belle Plaine

Borrower State

IA

Borrower Zip

52208-1302

Loan Status Date

08/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

326497.17

Current Approval Amount

326497.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24750

Servicing Lender Name

Chelsea Savings Bank

Servicing Lender Address

601 13th St

Servicing Lender City

BELLE PLAINE

Servicing Lender State

IA

Servicing Lender Zip

52208-1523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

BENTON

Project State

IA

Project Zip

52208-1302

CD

IA-02

Jobs Reported

34

NAICS Code

423310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

326495.17

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

24750

Originating Lender

Chelsea Savings Bank

Originating Lender City

BELLE PLAINE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

328187.80

Forgiveness Date

08/11/2021

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