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
- City
- Eveleth
- State
- Minnesota
- 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
Other PPP Loans in Eveleth, MN
| Business | Approved | |
|---|---|---|
| Gulbranson Excavating Co. | $812,535 | |
| Utility Systems of America INC | $500,000 | |
| Aqua Power Inc. | $420,000 | |
| Lundgren Motors Inc. | $407,343 | |
| Lundgren Motors Inc. | $407,343 |
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