PPP Loan information for Northern motors inc.

$177,484

Northern motors inc. was initially approved for PPP Loan of amount $177,484, the current approved amount is $177,484. The loan was approved on 03/12/2021 by The Northern State Bank of Thief River Falls reported 18 jobs and $177,484 was used to fund payroll.

Northern motors inc. is Existing or more than 2 years old

PPP Loan Search / MN / Thief River Falls / Northern motors inc.

NORTHERN MOTORS INC.

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHERN MOTORS INC.

Borrower Address

1112 3rd St W

Borrower City

Thief River Falls

Borrower State

MN

Borrower Zip

56701-1773

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177484.00

Current Approval Amount

177484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38937

Servicing Lender Name

Northern State Bank of Thief River Falls

Servicing Lender Address

201 E 3rd St

Servicing Lender City

THIEF RIVER FALLS

Servicing Lender State

MN

Servicing Lender Zip

56701-2007

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thief River Falls

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-1773

CD

MN-07

Jobs Reported

18

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177482.00

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

38937

Originating Lender

Northern State Bank of Thief River Falls

Originating Lender City

THIEF RIVER FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179224.80

Forgiveness Date

03/10/2022

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