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 04/15/2020 by The Woodlands National Bank reported 16 jobs and $198,100 was used to fund payroll.

Northwoods machine inc is Existing or more than 2 years old

PPP Loan Search / MN / ANOKA / Northwoods machine inc

NORTHWOODS MACHINE INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWOODS MACHINE INC

Borrower Address

8252 147TH LN NW Suite 400

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-6366

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-6366

CD

MN-06

Jobs Reported

16

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

199250.08

Forgiveness Date

11/20/2020

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