PPP Loan information for North homes inc

$2,922,682

North homes inc was initially approved for PPP Loan of amount $2,992,700, the current approved amount is $2,922,682. The loan was approved on 04/13/2020 by The Park State Bank reported 250 jobs and $2,922,682 was used to fund payroll.

North homes inc is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / North homes inc

NORTH HOMES INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH HOMES INC

Borrower Address

303 SE 1st St

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3601

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2992700.00

Current Approval Amount

2922682.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3601

CD

MN-08

Jobs Reported

250

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

2338146.00

Mortgage Interest Proceed

384536.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2956392.93

Forgiveness Date

06/11/2021

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