PPP Loan information for Northern valley machine inc.

$1,043,400

Northern valley machine inc. was initially approved for PPP Loan of amount $1,043,400, the current approved amount is $1,043,400. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 68 jobs and $1,043,400 was used to fund payroll.

Northern valley machine inc. is Existing or more than 2 years old

PPP Loan Search / MN / EAST GRAND FORKS / Northern valley machine inc.

NORTHERN VALLEY MACHINE INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN VALLEY MACHINE INC.

Borrower Address

519 13TH ST SE

Borrower City

EAST GRAND FORKS

Borrower State

MN

Borrower Zip

56721-1468

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1043400.00

Current Approval Amount

1043400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GRAND FORKS

Project County Name

POLK

Project State

MN

Project Zip

56721-1468

CD

MN-07

Jobs Reported

68

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

130438.00

Payroll Proceed

782625.00

Mortgage Interest Proceed

0.00

Rent Proceed

130337.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1050211.08

Forgiveness Date

12/09/2020

;