PPP Loan information for Northwest asphalt inc

$4,282,900

Northwest asphalt inc was initially approved for PPP Loan of amount $4,282,900, the current approved amount is $4,282,900. The loan was approved on 04/14/2020 by The Merchants Bank, National Association reported 148 jobs and $4,282,900 was used to fund payroll.

Northwest asphalt inc is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Northwest asphalt inc

NORTHWEST ASPHALT INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWEST ASPHALT INC

Borrower Address

1451 STAGECOACH RD

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-8045

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4282900.00

Current Approval Amount

4282900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-8045

CD

MN-02

Jobs Reported

148

NAICS Code

324121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

4115900.00

Mortgage Interest Proceed

10000.00

Rent Proceed

152000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4331915.41

Forgiveness Date

06/11/2021

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