PPP Loan information for Northern wholesale supply inc

$1,562,000

Northern wholesale supply inc was initially approved for PPP Loan of amount $1,562,000, the current approved amount is $1,562,000. The loan was approved on 04/08/2020 by The First Bank & Trust reported 195 jobs and $1,562,000 was used to fund payroll.

Northern wholesale supply inc is Existing or more than 2 years old

NORTHERN WHOLESALE SUPPLY INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN WHOLESALE SUPPLY INC

Borrower Address

6800 OTTER LAKE RD

Borrower City

Lino Lakes

Borrower State

MN

Borrower Zip

55038-4427

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1562000.00

Current Approval Amount

1562000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lino Lakes

Project County Name

ANOKA

Project State

MN

Project Zip

55038-4427

CD

MN-06

Jobs Reported

195

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1562000.00

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

Corporation

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1571068.28

Forgiveness Date

11/12/2020

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