Taurus Tool, INC

$115,800 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
8582637001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$115,800
Current Approval
$115,800
Forgiveness Amount
$116,514
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taurus Tool, INC
Address
9443 Deerwood Lane
ZIP Code
55369
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$100,000
Rent
$12,000
Utilities
$3,800

Lender Information

Servicing Lender
Falcon National Bank
Originating Lender
Falcon National Bank

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