PPP Loan information for True balance ltd.

$124,200

True balance ltd. was initially approved for PPP Loan of amount $124,200, the current approved amount is $124,200. The loan was approved on 04/07/2020 by The Mid Minnesota FCU reported 13 jobs and $124,200 was used to fund payroll.

True balance ltd. is Existing or more than 2 years old

PPP Loan Search / MN / LITTLE FALLS / True balance ltd.

TRUE BALANCE LTD.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE BALANCE LTD.

Borrower Address

16016 233RD ST

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-5583

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124200.00

Current Approval Amount

124200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-5583

CD

MN-07

Jobs Reported

13

NAICS Code

621112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31050.00

Payroll Proceed

93150.00

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

Subchapter S Corporation

Originating Lender Location Id

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124887.35

Forgiveness Date

11/03/2020

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