PPP Loan information for Northland subway inc

$500,000

Northland subway inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 02/02/2021 by The National Bank of Commerce reported 106 jobs and $500,000 was used to fund payroll.

Northland subway inc is Existing or more than 2 years old

NORTHLAND SUBWAY INC

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHLAND SUBWAY INC

Borrower Address

4433 Venture Ave

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55811-5705

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Subway

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

Y

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

55811-5705

CD

MN-08

Jobs Reported

106

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499997.00

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

Unanswered

Non Profit

Forgiveness Amount

506602.74

Forgiveness Date

06/03/2022

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