Northland Machine, Inc.
$261,775 PPP Loan in Grand Rapids, Minnesota
Loan Details
- Loan Number
- 7098137106
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $261,775
- Current Approval
- $241,010
- Forgiveness Amount
- $242,575
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northland Machine, Inc.
- Address
- 35234 US Hwy 2
- City
- Grand Rapids
- State
- Minnesota
- ZIP Code
- 55744
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $5.9M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $186,000
- Utilities
- $21,010
- Mortgage Interest
- $34,000
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Grand Rapids, MN
| Business | Approved | |
|---|---|---|
| North Homes INC | $2,992,700 |  AI Deep Dive |
| Northland Counseling Center In. | $2,662,900 | AI Deep Dive |
| Northern Industrial Erectors | $2,460,999 | AI Deep Dive |
| Casper Construction, Inc. | $2,194,300 | AI Deep Dive |
| Northern Industrial Erectors Inc. | $2,000,000 | AI Deep Dive |
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