PPP Loan information for Northwood construction co., inc.

$500,000

Northwood construction co., inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/15/2020 by The QNB Bank reported 35 jobs and $500,000 was used to fund payroll.

Northwood construction co., inc. is Existing or more than 2 years old

NORTHWOOD CONSTRUCTION CO., INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NORTHWOOD CONSTRUCTION CO., INC.

Borrower Address

70 COMMERCE DR

Borrower City

WARMINSTER

Borrower State

PA

Borrower Zip

18974-1510

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

62342

Servicing Lender Name

QNB Bank

Servicing Lender Address

15 N Third St

Servicing Lender City

QUAKERTOWN

Servicing Lender State

PA

Servicing Lender Zip

18951-1376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARMINSTER

Project County Name

BUCKS

Project State

PA

Project Zip

18974-1510

CD

PA-01

Jobs Reported

35

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

62342

Originating Lender

QNB Bank

Originating Lender City

QUAKERTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

505260.27

Forgiveness Date

05/13/2021

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