PPP Loan information for Tim deutz, inc

$26,000

Tim deutz, inc was initially approved for PPP Loan of amount $26,000, the current approved amount is $26,000. The loan was approved on 04/11/2020 by The First Independent Bank reported 4 jobs and $26,000 was used to fund payroll.

Tim deutz, inc is New Business or 2 years or less

TIM DEUTZ, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TIM DEUTZ, INC

Borrower Address

2432 280th ave

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-5235

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26000.00

Current Approval Amount

26000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-5235

CD

MN-07

Jobs Reported

4

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26000.00

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

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26161.78

Forgiveness Date

11/25/2020

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