PPP Loan information for Truenorth steel, inc.

$5,002,200

Truenorth steel, inc. was initially approved for PPP Loan of amount $5,002,200, the current approved amount is $5,002,200. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 358 jobs and $5,002,200 was used to fund payroll.

Truenorth steel, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Truenorth steel, inc.

TRUENORTH STEEL, INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TRUENORTH STEEL, INC.

Borrower Address

702 13TH AVE

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-3304

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5002200.00

Current Approval Amount

5002200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-3304

CD

ND-

Jobs Reported

358

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

625275.00

Payroll Proceed

3751649.00

Mortgage Interest Proceed

625276.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5063754.85

Forgiveness Date

07/01/2021

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