PPP Loan information for Truenorth companies lc

$3,897,000

Truenorth companies lc was initially approved for PPP Loan of amount $3,897,000, the current approved amount is $3,897,000. The loan was approved on 04/11/2020 by The MidWestOne Bank reported 323 jobs and $3,897,000 was used to fund payroll.

Truenorth companies lc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Truenorth companies lc

TRUENORTH COMPANIES LC

Date Approved

04/11/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TRUENORTH COMPANIES LC

Borrower Address

TrueNorth Companies

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52401

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3897000.00

Current Approval Amount

3897000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52401-1001

CD

IA-02

Jobs Reported

323

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

243562.50

Payroll Proceed

2922750.00

Mortgage Interest Proceed

243562.50

Rent Proceed

243562.50

Refinance EIDL Proceed

0.00

Health Care Proceed

243562.50

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3948851.75

Forgiveness Date

08/16/2021

;