Truenorth Steel, Inc.
$5,002,200 PPP Loan in West Fargo, North Dakota
Loan Details
- Loan Number
- 4397957003
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,002,200
- Current Approval
- $5,002,200
- Forgiveness Amount
- $5,063,755
- Forgiveness Date
- Jul 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Truenorth Steel, Inc.
- Address
- 702 13th Ave
- City
- West Fargo
- State
- North Dakota
- ZIP Code
- 58078-3304
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 358
- Estimated Revenue
- $87.5M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $3,751,649
- Utilities
- $625,275
- Mortgage Interest
- $625,276
Lender Information
- Servicing Lender
- Cornerstone Bank
- Originating Lender
- Cornerstone Bank
Other PPP Loans in West Fargo, ND
| Business | Approved | |
|---|---|---|
| All Finish Concrete | $3,365,400 | |
| Farmers Union Oil Company of Moorhead Minnesota | $2,630,555 | |
| Moore Engineering, Inc. | $2,548,000 | |
| Weisgram Metal Fab Inc. | $2,465,400 | |
| Rommesmo Companies, Inc. | $2,421,600 |
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