PPP Loan information for Northeast technical services, inc.

$541,400

Northeast technical services, inc. was initially approved for PPP Loan of amount $541,400, the current approved amount is $541,400. The loan was approved on 04/06/2020 by The Park State Bank reported 50 jobs and $541,400 was used to fund payroll.

Northeast technical services, inc. is Existing or more than 2 years old

NORTHEAST TECHNICAL SERVICES, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHEAST TECHNICAL SERVICES, INC.

Borrower Address

526 Chestnut Street

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-2532

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

541400.00

Current Approval Amount

541400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-2532

CD

MN-08

Jobs Reported

50

NAICS Code

541380

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50242.00

Payroll Proceed

433158.00

Mortgage Interest Proceed

58000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

545595.85

Forgiveness Date

01/20/2021

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