PPP Loan information for Northern heating & air conditioning inc

$445,700

Northern heating & air conditioning inc was initially approved for PPP Loan of amount $445,700, the current approved amount is $445,700. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 40 jobs and $445,700 was used to fund payroll.

Northern heating & air conditioning inc is New Business or 2 years or less

NORTHERN HEATING & AIR CONDITIONING INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN HEATING & AIR CONDITIONING INC

Borrower Address

9431 Alpine Drive

Borrower City

Ramsey

Borrower State

MN

Borrower Zip

55303

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445700.00

Current Approval Amount

445700.00

Undisbursed Amount

0.00

Franchise Name

Benjamin Franklin Plumbing

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ramsey

Project County Name

ANOKA

Project State

MN

Project Zip

55303-0001

CD

MN-03

Jobs Reported

40

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445700.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

450887.45

Forgiveness Date

06/28/2021

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