Northern Motors, Inc.

$170,357 PPP Loan in Thief River Falls, Minnesota

Loan Details

Loan Number
9711977000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$170,357
Current Approval
$170,357
Forgiveness Amount
$171,827
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Motors, Inc.
Address
1112 3rd Street West
ZIP Code
56701-1773
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$127,768
Utilities
$42,589

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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