PPP Loan information for North central medical supply inc

$243,800

North central medical supply inc was initially approved for PPP Loan of amount $243,800, the current approved amount is $243,800. The loan was approved on 04/07/2020 by The First National Bank North reported 26 jobs and $243,800 was used to fund payroll.

North central medical supply inc is Existing or more than 2 years old

NORTH CENTRAL MEDICAL SUPPLY INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH CENTRAL MEDICAL SUPPLY INC

Borrower Address

314 Charles Street

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-3208

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243800.00

Current Approval Amount

243800.00

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

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-3208

CD

MN-08

Jobs Reported

26

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243800.00

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

245303.43

Forgiveness Date

11/27/2020

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