PPP Loan information for Timberwood construction inc.

$47,235

Timberwood construction inc. was initially approved for PPP Loan of amount $47,235, the current approved amount is $47,235. The loan was approved on 01/23/2021 by The Frandsen Bank & Trust reported 6 jobs and $47,235 was used to fund payroll.

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

TIMBERWOOD CONSTRUCTION INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TIMBERWOOD CONSTRUCTION INC.

Borrower Address

8267 Gladstone Lake Road

Borrower City

Nisswa

Borrower State

MN

Borrower Zip

56468

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47235.00

Current Approval Amount

47235.00

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

CD

MN-08

Jobs Reported

6

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

47230.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47435.59

Forgiveness Date

07/08/2021

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