PPP Loan information for Northwestern mutual

$61,700

Northwestern mutual was initially approved for PPP Loan of amount $61,700, the current approved amount is $61,700. The loan was approved on 04/04/2020 by The Arcadian Bank reported 4 jobs and $61,700 was used to fund payroll.

Northwestern mutual is Existing or more than 2 years old

NORTHWESTERN MUTUAL

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWESTERN MUTUAL

Borrower Address

206 N. BROADWAY AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-2434

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61700.00

Current Approval Amount

61700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-2434

CD

MN-01

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62125.98

Forgiveness Date

12/15/2020

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