PPP Loan information for North tech construction inc.

$339,447

North tech construction inc. was initially approved for PPP Loan of amount $339,447, the current approved amount is $339,447. The loan was approved on 04/06/2020 by The Stearns Bank National Association reported 22 jobs and $339,447 was used to fund payroll.

North tech construction inc. is Existing or more than 2 years old

NORTH TECH CONSTRUCTION INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH TECH CONSTRUCTION INC.

Borrower Address

39605 Grand Ave

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-5067

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339447.00

Current Approval Amount

339447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-5067

CD

MN-08

Jobs Reported

22

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

89447.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343473.86

Forgiveness Date

06/29/2021

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