PPP Loan information for Timberland, inc.

$680,700

Timberland, inc. was initially approved for PPP Loan of amount $680,700, the current approved amount is $680,700. The loan was approved on 04/04/2020 by The American National Bank of Minnesota reported 80 jobs and $680,700 was used to fund payroll.

Timberland, inc. is Existing or more than 2 years old

TIMBERLAND, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TIMBERLAND, INC.

Borrower Address

11287 ASH AVE

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-5856

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680700.00

Current Approval Amount

680700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117900

Servicing Lender Name

American National Bank of Minnesota

Servicing Lender Address

7638 Woida Rd

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-5856

CD

MN-08

Jobs Reported

80

NAICS Code

336214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

614700.00

Mortgage Interest Proceed

6000.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117900

Originating Lender

American National Bank of Minnesota

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

687431.37

Forgiveness Date

03/31/2021

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