PPP borrower record

TRUENORTH STEEL, INC. PPP loan record

Public SBA PPP loan record for TRUENORTH STEEL, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$5,002,200
Approved amount
$5,063,755
Forgiven amount
2020-04-03
Date approved

Borrower and loan details

Borrower
TRUENORTH STEEL, INC.
Loan number
4397957003
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
West Fargo
Borrower state
North Dakota
Borrower ZIP
58078
Jobs reported
358
Loan status
Exemption 4
Forgiveness date
2021-06-30
Servicing lender
Cornerstone Bank
Originating lender
Cornerstone Bank

Reported use of proceeds

Payroll
$3,751,649
Rent
N/A
Utilities
$625,275
Mortgage interest
$625,276
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.