PPP Loan information for Northern power products, inc.

$664,400

Northern power products, inc. was initially approved for PPP Loan of amount $664,400, the current approved amount is $664,400. The loan was approved on 04/11/2020 by The Bremer Bank, National Association reported 41 jobs and $664,400 was used to fund payroll.

Northern power products, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Eagan / Northern power products, inc.

NORTHERN POWER PRODUCTS, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN POWER PRODUCTS, INC.

Borrower Address

2859 Lexington Ave S

Borrower City

Eagan

Borrower State

MN

Borrower Zip

55121-1419

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

664400.00

Current Approval Amount

664400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eagan

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-1419

CD

MN-02

Jobs Reported

41

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

664400.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

669587.78

Forgiveness Date

01/26/2021

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