PPP Loan information for Northern industrial erectors

$2,460,999

Northern industrial erectors was initially approved for PPP Loan of amount $2,460,999, the current approved amount is $2,460,999. The loan was approved on 04/07/2020 by The Grand Rapids State Bank reported 13 jobs and $2,460,999 was used to fund payroll.

Northern industrial erectors is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Northern industrial erectors

NORTHERN INDUSTRIAL ERECTORS

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN INDUSTRIAL ERECTORS

Borrower Address

2500 GLENWOOD DR

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3347

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2460998.55

Current Approval Amount

2460998.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3347

CD

MN-08

Jobs Reported

13

NAICS Code

236210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2460998.55

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1755594.54

Forgiveness Date

02/23/2022

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