PPP Loan information for Northwoods ford inc

$339,500

Northwoods ford inc was initially approved for PPP Loan of amount $339,500, the current approved amount is $339,500. The loan was approved on 04/04/2020 by The Park State Bank reported 42 jobs and $339,500 was used to fund payroll.

Northwoods ford inc is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Northwoods ford inc

NORTHWOODS FORD INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWOODS FORD INC

Borrower Address

2627 13th Ave E

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-2600

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339500.00

Current Approval Amount

339500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-2600

CD

MN-08

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

271630.00

Mortgage Interest Proceed

37870.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

342140.56

Forgiveness Date

01/20/2021

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