# PPP loan: TRUE NORTH PRECISION LLC
> **$185K** approved 02/25/2021 · Paid in Full · Loan `4016918507`
## Borrower
- **Name:** TRUE NORTH PRECISION LLC
- **Address:** 825 11th Ave SE, Minneapolis, MN, 55414-1429
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Utilities:** $1
- **Jobs reported:** 267
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Northeast Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*