PPP Loan information for Timberwood construction, inc

$47,225

Timberwood construction, inc was initially approved for PPP Loan of amount $47,225, the current approved amount is $47,225. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 6 jobs and $47,225 was used to fund payroll.

Timberwood construction, inc is Existing or more than 2 years old

PPP Loan Search / MN / NISSWA / Timberwood construction, inc

TIMBERWOOD CONSTRUCTION, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TIMBERWOOD CONSTRUCTION, INC

Borrower Address

8267 GLADSTONE LAKE ROAD

Borrower City

NISSWA

Borrower State

MN

Borrower Zip

56468

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47225.00

Current Approval Amount

47225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NISSWA

Project County Name

CROW WING

Project State

MN

Project Zip

56468-0001

CD

MN-08

Jobs Reported

6

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4725.00

Payroll Proceed

35420.00

Mortgage Interest Proceed

7080.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

41496.07

Forgiveness Date

12/17/2020

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