PPP Loan information for Northern homes community development corporation

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

1048 E MAIN ST

Borrower City

BOYNE CITY

Borrower State

MI

Borrower Zip

49712-9183

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39017.00

Current Approval Amount

39017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119163

Servicing Lender Name

Charlevoix State Bank

Servicing Lender Address

111 State St

Servicing Lender City

CHARLEVOIX

Servicing Lender State

MI

Servicing Lender Zip

49720-1342

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNE CITY

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49712-9183

CD

MI-01

Jobs Reported

4

NAICS Code

813312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33017.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

39335.64

Forgiveness Date

02/04/2021