Northern Industrial Tool Corp.

$475,350 PPP Loan in Blaine, Minnesota

Loan Details

Loan Number
4396737103
Date Approved
Apr 13, 2020
Loan Status
Exemption 4
Initial Approval
$475,350
Current Approval
$475,350
Forgiveness Amount
$392,529
Forgiveness Date
Jan 26, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Northern Industrial Tool Corp.
Address
8685 Hastings St NE
City
Blaine
ZIP Code
55449-4249
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$475,350

Lender Information

Servicing Lender
Highland Bank
Originating Lender
Highland Bank

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