PPP Loan information for Nisswa marine inc

$377,500

Nisswa marine inc was initially approved for PPP Loan of amount $377,500, the current approved amount is $377,500. The loan was approved on 04/27/2020 by The First National Bank North reported 28 jobs and $377,500 was used to fund payroll.

Nisswa marine inc is New Business or 2 years or less

NISSWA MARINE INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NISSWA MARINE INC

Borrower Address

24238 Smiley Road

Borrower City

NISSWA

Borrower State

MN

Borrower Zip

56468-2449

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377500.00

Current Approval Amount

377500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38992

Servicing Lender Name

First National Bank North

Servicing Lender Address

600 Minnesota Ave West

Servicing Lender City

WALKER

Servicing Lender State

MN

Servicing Lender Zip

56484-2279

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NISSWA

Project County Name

CROW WING

Project State

MN

Project Zip

56468-2449

CD

MN-08

Jobs Reported

28

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

377500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38992

Originating Lender

First National Bank North

Originating Lender City

WALKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381788.82

Forgiveness Date

06/15/2021

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