Northfield Lines, Inc.

$575,000 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
5087557000
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$575,000
Current Approval
$575,000
Forgiveness Amount
$203,283
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northfield Lines, Inc.
Address
1034 Gemini Road
ZIP Code
55121-2205
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485510)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$24.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$435,000
Rent
$38,000
Utilities
$10,000
Health Care
$26,000
Debt Interest
$66,000

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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