True North Company, Inc.
$988,400 PPP Loan in Boyne City, Michigan
Loan Details
- Loan Number
- 9095677010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $988,400
- Current Approval
- $988,400
- Forgiveness Amount
- $997,955
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- True North Company, Inc.
- Address
- 4475 Sommerset Ln 24
- City
- Boyne City
- State
- Michigan
- ZIP Code
- 49712-8881
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Mcdonalds
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 225
- Estimated Revenue
- $40.0M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $694,008
- Rent
- $233,911
- Utilities
- $60,481
Lender Information
- Servicing Lender
- Waterford Bank, National Association
- Originating Lender
- Waterford Bank, National Association
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