# PPP loan: TRAIL PROPERTIES INC
> **$278K** approved 02/27/2021 · Paid in Full · Loan `5195848509`
## Borrower
- **Name:** TRAIL PROPERTIES INC
- **Address:** 9303 Father Foley Dr, Pine River, MN, 56474-2563
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Pine River State Bank
- **Servicing:** Pine River State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*