AMERICAN CEDAR & MILLWORK, INC. (DE) - 2020 PPP Loan Borrower Profile (# 7865247008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN CEDAR & MILLWORK, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

7865247008

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$1,244,007.5

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,258,322.11

Date Loan was Forgiven

Jun 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,106

Payroll Proced

1,198,147.5

Mortgage Interest Proceed

17,882

Rent Proceed

18,872

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

444190

Borrower Location

LEWES, DE

Project Location

LEWES, DE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.