Northern Belt & Conveyor, Inc.

$219,400 PPP Loan in Eveleth, Minnesota

Loan Details

Loan Number
4423447008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$219,400
Current Approval
$205,000
Forgiveness Amount
$206,765
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Belt & Conveyor, Inc.
Address
2376 Peat Plant Rd
ZIP Code
55734-8570
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$164,000
Rent
$41,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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