Northern Automation Inc.

$64,932 PPP Loan in Aitkin, Minnesota

Loan Details

Loan Number
7046037000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$64,932
Current Approval
$64,932
Forgiveness Amount
$65,412
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Automation Inc.
Address
27253 Burgstaler Rd
City
Aitkin
ZIP Code
56431-6131
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$61,752
Rent
$2,000
Utilities
$1,180

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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