PPP Loan information for Northwoods machine inc

$198,100

Northwoods machine inc was initially approved for PPP Loan of amount $198,100, the current approved amount is $198,100. The loan was approved on 01/17/2021 by The Woodlands National Bank reported 19 jobs and $198,100 was used to fund payroll.

Northwoods machine inc is Existing or more than 2 years old

NORTHWOODS MACHINE INC

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHWOODS MACHINE INC

Borrower Address

8252 147th Ln NW Ste 400

Borrower City

Ramsey

Borrower State

MN

Borrower Zip

55303-7579

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198100.00

Current Approval Amount

198100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38241

Servicing Lender Name

Woodlands National Bank

Servicing Lender Address

122 E Main St

Servicing Lender City

HINCKLEY

Servicing Lender State

MN

Servicing Lender Zip

55037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ramsey

Project County Name

ANOKA

Project State

MN

Project Zip

55303-7579

CD

MN-06

Jobs Reported

19

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198100.00

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

38241

Originating Lender

Woodlands National Bank

Originating Lender City

HINCKLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

200587.26

Forgiveness Date

04/25/2022

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