PPP Loan information for Northern hospitality group inc

$2,000,000

Northern hospitality group inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/06/2021 by The Northrim Bank reported 143 jobs and $2,000,000 was used to fund payroll.

Northern hospitality group inc is Existing or more than 2 years old

NORTHERN HOSPITALITY GROUP INC

Date Approved

03/06/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

NORTHERN HOSPITALITY GROUP INC

Borrower Address

645 W 3rd Ave

Borrower City

Anchorage

Borrower State

AK

Borrower Zip

99501-2174

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116975

Servicing Lender Name

Northrim Bank

Servicing Lender Address

3111 'C' St

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anchorage

Project County Name

ANCHORAGE

Project State

AK

Project Zip

99501-2174

CD

AK-

Jobs Reported

143

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

116975

Originating Lender

Northrim Bank

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1747666.63

Forgiveness Date

03/27/2023

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