PPP Loan information for Northern community radio inc.

$123,378

Northern community radio inc. was initially approved for PPP Loan of amount $123,378, the current approved amount is $123,378. The loan was approved on 03/06/2021 by The Grand Rapids State Bank reported 11 jobs and $123,378 was used to fund payroll.

Northern community radio inc. is Existing or more than 2 years old

NORTHERN COMMUNITY RADIO INC.

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHERN COMMUNITY RADIO INC.

Borrower Address

260 NE 2nd St

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-2864

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123378.00

Current Approval Amount

123378.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

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

55744-2864

CD

MN-08

Jobs Reported

11

NAICS Code

515112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123378.00

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

Non-Profit Organization

Originating Lender Location Id

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

124097.71

Forgiveness Date

10/06/2021

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