North Homes INC

$2,992,700 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
5332357102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,992,700
Current Approval
$2,922,682
Forgiveness Amount
$2,956,393
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
North Homes INC
Address
303 SE 1st St
ZIP Code
55744-3601
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621420)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$2,338,146
Utilities
$200,000
Mortgage Interest
$384,536

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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