PPP Loan information for True value hardware

$113,300

True value hardware was initially approved for PPP Loan of amount $113,300, the current approved amount is $113,300. The loan was approved on 04/15/2020 by The Highland Bank reported 13 jobs and $113,300 was used to fund payroll.

True value hardware is Existing or more than 2 years old

TRUE VALUE HARDWARE

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRUE VALUE HARDWARE

Borrower Address

12700 Bass Lake Rd

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113300.00

Current Approval Amount

113300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

13

NAICS Code

444130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113300.00

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

Corporation

Originating Lender Location Id

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

114116.38

Forgiveness Date

01/19/2021

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