PPP Loan information for Northern solutions, inc.

$197,500

Northern solutions, inc. was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 16 jobs and $197,500 was used to fund payroll.

Northern solutions, inc. is New Business or 2 years or less

PPP Loan Search / IA / IOWA CITY / Northern solutions, inc.

NORTHERN SOLUTIONS, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

NORTHERN SOLUTIONS, INC.

Borrower Address

97 COMMERCIAL DR

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246-5800

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-5800

CD

IA-01

Jobs Reported

16

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198657.57

Forgiveness Date

11/13/2020

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