# PPP loan: TWIN CITY MINERAL COPORATION
> **$596K** approved 04/08/2020 · Paid in Full · Loan `7918097005`
## Borrower
- **Name:** TWIN CITY MINERAL COPORATION
- **Address:** 5401 VICTORIA AVE, DAVENPORT, IA, 52807-2939
- **NAICS:** 212312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $596K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Rent:** $20K
- **Utilities:** $20K
- **Debt interest:** $71K
- **Jobs reported:** 29
## Lender
- **Originating:** Fortress Bank
- **Servicing:** Fortress Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*