Timber Building Supply, Inc.

$44,422 PPP Loan in Deerwood, Minnesota

Loan Details

Loan Number
5069917204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$44,422
Current Approval
$44,422
Forgiveness Amount
$44,726
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Timber Building Supply, Inc.
Address
14506 State Highway 6
ZIP Code
56444
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444130)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$33,317
Utilities
$4,442
Mortgage Interest
$6,663

Lender Information

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

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