PPP Loan information for Northland credit corporation

$264,300

Northland credit corporation was initially approved for PPP Loan of amount $264,300, the current approved amount is $264,300. The loan was approved on 04/15/2020 by The MidWestOne Bank reported 20 jobs and $264,300 was used to fund payroll.

Northland credit corporation is Existing or more than 2 years old

NORTHLAND CREDIT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHLAND CREDIT CORPORATION

Borrower Address

5400 OPPORTUNITY CT

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55343

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264300.00

Current Approval Amount

264300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-0001

CD

MN-03

Jobs Reported

20

NAICS Code

522220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

16518.75

Payroll Proceed

198225.00

Mortgage Interest Proceed

16518.75

Rent Proceed

16518.75

Refinance EIDL Proceed

0.00

Health Care Proceed

16518.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;