PPP Loan information for True craft properties

$87,500

True craft properties was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 04/03/2020 by The Aspire Bank reported 8 jobs and $87,500 was used to fund payroll.

True craft properties is Existing or more than 2 years old

PPP Loan Search / ND / HORACE / True craft properties

TRUE CRAFT PROPERTIES

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TRUE CRAFT PROPERTIES

Borrower Address

726 NELSON DR

Borrower City

HORACE

Borrower State

ND

Borrower Zip

58047-4639

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52841

Servicing Lender Name

Aspire Bank

Servicing Lender Address

5195 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-3339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HORACE

Project County Name

CASS

Project State

ND

Project Zip

58047-4639

CD

ND-

Jobs Reported

8

NAICS Code

531190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4400.00

Payroll Proceed

61600.00

Mortgage Interest Proceed

8300.00

Rent Proceed

13200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52841

Originating Lender

Aspire Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88180.82

Forgiveness Date

01/20/2021

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