PPP Loan information for Trm 5 inc

$168,969

Trm 5 inc was initially approved for PPP Loan of amount $168,969, the current approved amount is $168,969. The loan was approved on 01/19/2021 by The Deerwood Bank reported 207 jobs and $168,969 was used to fund payroll.

Trm 5 inc is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Trm 5 inc

TRM 5 INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TRM 5 INC

Borrower Address

802 S Pokegama Ave

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-3935

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168969.00

Current Approval Amount

168969.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3935

CD

MN-08

Jobs Reported

207

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

168967.00

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

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170184.64

Forgiveness Date

10/13/2021

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