PPP Loan information for Northern machining & repair inc.

$840,738

Northern machining & repair inc. was initially approved for PPP Loan of amount $840,738, the current approved amount is $840,738. The loan was approved on 01/20/2021 by The First Bank, Upper Michigan reported 48 jobs and $840,738 was used to fund payroll.

Northern machining & repair inc. is Existing or more than 2 years old

PPP Loan Search / MI / Escanaba / Northern machining & repair inc.

NORTHERN MACHINING & REPAIR INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NORTHERN MACHINING & REPAIR INC.

Borrower Address

1701 N 26th St

Borrower City

Escanaba

Borrower State

MI

Borrower Zip

49829-2558

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

840737.50

Current Approval Amount

840737.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Escanaba

Project County Name

DELTA

Project State

MI

Project Zip

49829-2558

CD

MI-01

Jobs Reported

48

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

840734.50

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

851655.57

Forgiveness Date

05/12/2022

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