Timron Precision Gear INC
$450,000 PPP Loan in Elk River, Minnesota
Loan Details
- Loan Number
- 6568327105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $450,000
- Current Approval
- $450,000
- Forgiveness Amount
- $453,375
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Timron Precision Gear INC
- Address
- 19231 Industrial Blvd
- City
- Elk River
- State
- Minnesota
- ZIP Code
- 55330-2430
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.3M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $337,500
- Rent
- $90,000
- Utilities
- $22,500
Lender Information
- Servicing Lender
- First Bank Elk River
- Originating Lender
- First Bank Elk River
Other PPP Loans in Elk River, MN
| Business | Approved | |
|---|---|---|
| Accurate Home Care Holdings LLC | $4,011,400 |  AI Deep Dive |
| Cornerstone Auto Group LLC | $3,384,507 | AI Deep Dive |
| Metal Craf Machine & Engineering, Inc. | $2,206,900 | AI Deep Dive |
| Guardian Angels of Elk River Inc. | $1,882,900 | AI Deep Dive |
| Murray Enterprises, Inc. | $1,792,300 | AI Deep Dive |
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