PPP Loan information for Northfield machinery builders inc.

$123,718

Northfield machinery builders inc. was initially approved for PPP Loan of amount $123,718, the current approved amount is $123,718. The loan was approved on 01/27/2021 by The Community Resource Bank reported 15 jobs and $123,718 was used to fund payroll.

Northfield machinery builders inc. is Existing or more than 2 years old

NORTHFIELD MACHINERY BUILDERS INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHFIELD MACHINERY BUILDERS INC.

Borrower Address

320 Water St N

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-1444

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123718.00

Current Approval Amount

123718.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38698

Servicing Lender Name

Community Resource Bank

Servicing Lender Address

1605 Heritage Dr

Servicing Lender City

NORTHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55057-3265

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

55057-1444

CD

MN-02

Jobs Reported

15

NAICS Code

331110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

123717.00

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

Subchapter S Corporation

Originating Lender Location Id

38698

Originating Lender

Community Resource Bank

Originating Lender City

NORTHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

124731.80

Forgiveness Date

11/26/2021

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