Northland Machine Inc.

$224,360 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
8945058305
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$224,360
Current Approval
$224,360
Forgiveness Amount
$225,436
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Northland Machine Inc.
Address
35234 US Highway 2
ZIP Code
55744-4753
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$224,358
Utilities
$1

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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