PPP Loan information for Northfield automation systems inc.

$363,520

Northfield automation systems inc. was initially approved for PPP Loan of amount $363,520, the current approved amount is $363,520. The loan was approved on 02/26/2021 by The Merchants Bank, National Association reported 19 jobs and $363,520 was used to fund payroll.

Northfield automation systems inc. is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Northfield automation systems inc.

NORTHFIELD AUTOMATION SYSTEMS INC.

Date Approved

02/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHFIELD AUTOMATION SYSTEMS INC.

Borrower Address

1325 Armstrong Rd

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-4909

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

363520.00

Current Approval Amount

363520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-4909

CD

MN-02

Jobs Reported

19

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

363518.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

365953.56

Forgiveness Date

11/01/2021

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