PPP Loan information for Northgate equipment, inc.

$80,000

Northgate equipment, inc. was initially approved for PPP Loan of amount $65,000, the current approved amount is $80,000. The loan was approved on 04/06/2020 by The First Bank, Upper Michigan reported 9 jobs and $80,000 was used to fund payroll.

Northgate equipment, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ESCANABA / Northgate equipment, inc.

NORTHGATE EQUIPMENT, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHGATE EQUIPMENT, INC.

Borrower Address

6687 US Hwy 2 & 42 & M35

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ESCANABA

Project County Name

DELTA

Project State

MI

Project Zip

49829-0001

CD

MI-01

Jobs Reported

9

NAICS Code

333112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

71459.07

Forgiveness Date

12/08/2020

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