Truenorth Companies Lc

$3,897,000 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
3289477108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$3,897,000
Current Approval
$3,897,000
Forgiveness Amount
$3,948,852
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Truenorth Companies Lc
Address
Truenorth Companies
State
Iowa
ZIP Code
52401
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
323
Estimated Revenue
$166.0M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$2,922,750
Rent
$243,563
Utilities
$243,563
Health Care
$243,563
Mortgage Interest
$243,563

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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