Northern Computer Technologies, Inc. DBA Nor-Tech

$308,000 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
4272397106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$308,000
Current Approval
$308,000
Forgiveness Amount
$310,239
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Computer Technologies, Inc. DBA Nor-Tech
Address
901 Cliff Rd E
ZIP Code
55337
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423430)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$226,743
Rent
$51,110
Utilities
$5,850
Health Care
$19,658
Debt Interest
$4,639

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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