PPP Loan information for North star machine co inc

$266,916

North star machine co inc was initially approved for PPP Loan of amount $248,944, the current approved amount is $266,916. The loan was approved on 04/05/2020 by The Sterling State Bank reported 19 jobs and $266,916 was used to fund payroll.

North star machine co inc is Existing or more than 2 years old

PPP Loan Search / MN / SAVAGE / North star machine co inc

NORTH STAR MACHINE CO INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTH STAR MACHINE CO INC

Borrower Address

12511 BOONE AVE

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-2317

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

248943.57

Current Approval Amount

266916.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-2317

CD

MN-02

Jobs Reported

19

NAICS Code

332996

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

266916.00

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

Corporation

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258571.68

Forgiveness Date

12/02/2020

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