Timberpine, Inc.

$324,858 PPP Loan in Earlham, Iowa

Loan Details

Loan Number
9040397001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$324,858
Current Approval
$324,858
Forgiveness Amount
$327,537
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Timberpine, Inc.
Address
18863 Jewell Dr
State
Iowa
ZIP Code
50072-5501
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111422)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$238,228
Rent
$33,487
Utilities
$4,540
Health Care
$21,659
Debt Interest
$26,944

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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