Northern Industrial Erectors Inc.

$2,000,000 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
5813268902
Date Approved
Apr 30, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,017,222
Forgiveness Date
Mar 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Northern Industrial Erectors Inc.
Address
2500 Glenwood Dr
ZIP Code
55744-3347
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$30.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Grand Rapids State Bank
Originating Lender
Grand Rapids State Bank

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