Date Approved
04/07/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
IRON HORSE, INC.
Borrower Address
213 3RD ST SOUTH
Borrower City
NEW TOWN
Borrower State
ND
Borrower Zip
58763-4044
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
292132.92
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52910
Servicing Lender Name
Horizon Financial Bank
Servicing Lender Address
416 Main St
Servicing Lender City
MUNICH
Servicing Lender State
Servicing Lender Zip
58352
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MOUNTRAIL
Project State
Project Zip
CD
ND-
Jobs Reported
17
NAICS Code
488490
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7000.00
Payroll Proceed
254132.92
Mortgage Interest Proceed
Rent Proceed
5000.00
Refinance EIDL Proceed
Health Care Proceed
24000.00
Debt Interest Proceed
2000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
283896.25
Forgiveness Date
11/23/2020