PPP Loan information for Northland farm systems, inc.

$252,370

Northland farm systems, inc. was initially approved for PPP Loan of amount $252,370, the current approved amount is $252,370. The loan was approved on 04/09/2020 by The Home Federal Savings Bank reported 23 jobs and $252,370 was used to fund payroll.

Northland farm systems, inc. is Existing or more than 2 years old

NORTHLAND FARM SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHLAND FARM SYSTEMS, INC.

Borrower Address

2250 Austin Road

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4410

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252370.00

Current Approval Amount

252370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4410

CD

MN-01

Jobs Reported

23

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

252370.00

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

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253793.09

Forgiveness Date

11/03/2020

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