# PPP loan: TIMBERLINE MANAGEMENT, INC.
> **$825K** approved 04/03/2020 · Paid in Full · Loan `4580977007`
## Borrower
- **Name:** TIMBERLINE MANAGEMENT, INC.
- **Address:** PO Box 160, HIAWATHA, IA, 52233-2407
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $831K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $619K
- **Rent:** $103K
- **Mortgage interest:** $103K
- **Jobs reported:** 200
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*