PPP Loan information for Timberland inc

$680,720

Timberland inc was initially approved for PPP Loan of amount $680,720, the current approved amount is $680,720. The loan was approved on 04/07/2021 by The American National Bank of Minnesota reported 80 jobs and $680,720 was used to fund payroll.

Timberland inc is Existing or more than 2 years old

TIMBERLAND INC

Date Approved

04/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TIMBERLAND INC

Borrower Address

11287 Ash Ave

Borrower City

Brainerd

Borrower State

MN

Borrower Zip

56401-5856

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680720.00

Current Approval Amount

680720.00

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

Y

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

1.00

Payroll Proceed

680716.00

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

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

685466.13

Forgiveness Date

12/16/2021

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