PPP Loan information for Terhorst manufacturing company

$222,500

Terhorst manufacturing company was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 01/28/2021 by The Bremer Bank, National Association reported 28 jobs and $222,500 was used to fund payroll.

Terhorst manufacturing company is Existing or more than 2 years old

TERHORST MANUFACTURING COMPANY

Date Approved

01/28/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

TERHORST MANUFACTURING COMPANY

Borrower Address

615 Burdick Expy E

Borrower City

Minot

Borrower State

ND

Borrower Zip

58701-4801

Loan Status Date

01/11/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minot

Project County Name

WARD

Project State

ND

Project Zip

58701-4801

CD

ND-

Jobs Reported

28

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226645.21

Forgiveness Date

12/22/2022

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