As part of the Paycheck Protection Program TRUE NORTH EQUIPMENT CO was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

TRUE NORTH EQUIPMENT CO


Loan Amount	$2,276,600
BusinessName	TRUE NORTH EQUIPMENT CO
Address	4325 18th South
City	GRAND FORKS
State	ND
Zip	58201
NAICSCode	423820
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	166
DateApproved	04/05/2020
Lender	Bremer Bank, National Association
CD	ND-
BusinessName.clean	TRUE NORTH EQUIPMENT CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

TRUE NORTH GROWTH PARTNERS
TRUE PARTNERS CONSULTING
TRUE VELOCITY AMMUNITION
TRUEAERO
TRUEBECK CONSTRUCTION