PPP Loan information for Northern utility inc

$151,300

Northern utility inc was initially approved for PPP Loan of amount $151,300, the current approved amount is $151,300. The loan was approved on 04/07/2020 by The Baybank reported 8 jobs and $151,300 was used to fund payroll.

Northern utility inc is Existing or more than 2 years old

PPP Loan Search / MI / RAPID RIVER / Northern utility inc

NORTHERN UTILITY INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN UTILITY INC

Borrower Address

370 S.75 RD

Borrower City

RAPID RIVER

Borrower State

MI

Borrower Zip

49878-9756

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151300.00

Current Approval Amount

151300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34949

Servicing Lender Name

Baybank

Servicing Lender Address

104 S 10th St

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1528

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAPID RIVER

Project County Name

DELTA

Project State

MI

Project Zip

49878-9756

CD

MI-01

Jobs Reported

8

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151300.00

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

34949

Originating Lender

Baybank

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

143236.81

Forgiveness Date

12/02/2020

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