PPP Loan information for Northern lights distributing, inc.

$675,200

Northern lights distributing, inc. was initially approved for PPP Loan of amount $675,200, the current approved amount is $675,200. The loan was approved on 04/03/2020 by The Northwest Bank reported 68 jobs and $675,200 was used to fund payroll.

Northern lights distributing, inc. is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Northern lights distributing, inc.

NORTHERN LIGHTS DISTRIBUTING, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NORTHERN LIGHTS DISTRIBUTING, INC.

Borrower Address

2949 8th Ave S

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-5513

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

675200.00

Current Approval Amount

675200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-5513

CD

IA-04

Jobs Reported

68

NAICS Code

424490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

67520.00

Payroll Proceed

607680.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

669080.33

Forgiveness Date

11/09/2020

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