PPP Loan information for Northern industrial insulation

$597,500

Northern industrial insulation was initially approved for PPP Loan of amount $597,500, the current approved amount is $597,500. The loan was approved on 04/06/2020 by The National Bank of Commerce reported 71 jobs and $597,500 was used to fund payroll.

Northern industrial insulation is Existing or more than 2 years old

NORTHERN INDUSTRIAL INSULATION

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN INDUSTRIAL INSULATION

Borrower Address

3757 Midway Road

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55810-9572

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

597500.00

Current Approval Amount

597500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55810-9572

CD

MN-08

Jobs Reported

71

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

597500.00

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

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

602050.82

Forgiveness Date

01/20/2021

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