Industrial Builders, Inc.

$3,793,600 PPP Loan in Fargo, North Dakota

Loan Details

Loan Number
5416687006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,793,600
Current Approval
$3,793,600
Forgiveness Amount
$3,484,376
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Builders, Inc.
Address
1307 County Rd 17 N.
City
Fargo
ZIP Code
58104
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
158
Estimated Revenue
$49.0M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$2,845,200
Rent
$474,200
Utilities
$474,200

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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