Tomsec INC

$300,000 PPP Loan in Spring Park, Minnesota

Loan Details

Loan Number
8834537003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$695,700
Forgiveness Amount
$699,615
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tomsec INC
Address
3746 Sunset Dr
ZIP Code
55384-9630
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$630,700
Rent
$45,000
Utilities
$15,000
Debt Interest
$5,000

Lender Information

Servicing Lender
Bridgewater Bank
Originating Lender
Bridgewater Bank

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