PPP Loan information for Northland machine inc.

$224,360

Northland machine inc. was initially approved for PPP Loan of amount $224,360, the current approved amount is $224,360. The loan was approved on 01/30/2021 by The Frandsen Bank & Trust reported 22 jobs and $224,360 was used to fund payroll.

Northland machine inc. is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Northland machine inc.

NORTHLAND MACHINE INC.

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHLAND MACHINE INC.

Borrower Address

35234 US Highway 2

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-4753

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224360.00

Current Approval Amount

224360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4753

CD

MN-08

Jobs Reported

22

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

224358.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

225435.70

Forgiveness Date

08/04/2021

;