PPP Loan information for Northland equipment co inc

$358,545

Northland equipment co inc was initially approved for PPP Loan of amount $358,545, the current approved amount is $358,545. The loan was approved on 04/08/2020 by The The First National Bank and Trust Company reported 26 jobs and $358,545 was used to fund payroll.

Northland equipment co inc is Existing or more than 2 years old

NORTHLAND EQUIPMENT CO INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NORTHLAND EQUIPMENT CO INC

Borrower Address

306 W STATE ST

Borrower City

JANESVILLE

Borrower State

WI

Borrower Zip

53546-2556

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358545.00

Current Approval Amount

358545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75631

Servicing Lender Name

The First National Bank and Trust Company

Servicing Lender Address

345 E Grand Ave

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6226

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

ROCK

Project State

WI

Project Zip

53546-2556

CD

WI-01

Jobs Reported

26

NAICS Code

336112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358545.00

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

75631

Originating Lender

The First National Bank and Trust Company

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360487.12

Forgiveness Date

11/03/2020

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