Northfield Telecommunications, Inc.

$835,400 PPP Loan in Lakeville, Minnesota

Loan Details

Loan Number
5839107009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$835,400
Current Approval
$835,400
Forgiveness Amount
$844,288
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northfield Telecommunications, Inc.
Address
20809 Kensington Blvd
ZIP Code
55044-8353
Business Type
Corporation
Industry (NAICS)
Retail Trade (454390)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$15.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$809,400
Rent
$20,000
Utilities
$6,000

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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