Date Approved
04/09/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
TRM5, INC
Borrower Address
802 S Pokegama Avenue
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-3935
Loan Status Date
03/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
120600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36772
Servicing Lender Name
Deerwood Bank
Servicing Lender Address
131 6th Ave South, Ste 100
Servicing Lender City
WAITE PARK
Servicing Lender State
Servicing Lender Zip
56387-1360
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
69
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
7500.00
Payroll Proceed
111000.00
Mortgage Interest Proceed
Rent Proceed
2100.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
121618.40
Forgiveness Date
02/16/2021