PPP Loan information for Northern salt, inc.

$184,000

Northern salt, inc. was initially approved for PPP Loan of amount $184,000, the current approved amount is $184,000. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 10 jobs and $184,000 was used to fund payroll.

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

PPP Loan Search / MN / FOREST LAKE / Northern salt, inc.

NORTHERN SALT, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN SALT, INC.

Borrower Address

20920 FOREST RD N

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-9767

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184000.00

Current Approval Amount

184000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-9767

CD

MN-08

Jobs Reported

10

NAICS Code

424690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

184000.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185426.00

Forgiveness Date

01/20/2021

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