PPP borrower record

STRUCTURAL MATERIALS INC. PPP loan record

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

$657,900
Approved amount
$652,183
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
STRUCTURAL MATERIALS INC.
Loan number
8397347006
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Fargo
Borrower state
North Dakota
Borrower ZIP
58107
Jobs reported
52
Loan status
Paid in Full
Forgiveness date
2020-12-10
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association

Reported use of proceeds

Payroll
$493,500
Rent
$82,200
Utilities
$82,200
Mortgage interest
N/A
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.