PPP Loan information for Northern precision products inc.

$321,435

Northern precision products inc. was initially approved for PPP Loan of amount $321,435, the current approved amount is $321,435. The loan was approved on 01/22/2021 by The Mercantile Bank reported 25 jobs and $321,435 was used to fund payroll.

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

PPP Loan Search / MI / Leroy / Northern precision products inc.

NORTHERN PRECISION PRODUCTS INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NORTHERN PRECISION PRODUCTS INC.

Borrower Address

4790 Mackinaw Trl

Borrower City

Leroy

Borrower State

MI

Borrower Zip

49655-9320

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

321435.00

Current Approval Amount

321435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leroy

Project County Name

OSCEOLA

Project State

MI

Project Zip

49655-9320

CD

MI-02

Jobs Reported

25

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

321430.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

323663.03

Forgiveness Date

10/06/2021

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