Timberwood Construction, INC

$47,225 PPP Loan in Nisswa, Minnesota

Loan Details

Loan Number
1578507101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$47,225
Current Approval
$47,225
Forgiveness Amount
$47,545
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Timberwood Construction, INC
Address
8267 Gladstone Lake Road
City
Nisswa
ZIP Code
56468
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$35,420
Utilities
$4,725
Mortgage Interest
$7,080

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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