Trm5, INC

$120,600 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
9098377009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$120,600
Current Approval
$120,600
Forgiveness Amount
$121,618
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trm5, INC
Address
802 S Pokegama Avenue
ZIP Code
55744-3935
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$111,000
Rent
$2,100
Utilities
$7,500

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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