PPP Loan information for Northwestern college

$1,950,000

Northwestern college was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 05/07/2020 by The Iowa State Bank reported 470 jobs and $1,950,000 was used to fund payroll.

Northwestern college is Existing or more than 2 years old

PPP Loan Search / IA / ORANGE CITY / Northwestern college

NORTHWESTERN COLLEGE

Date Approved

05/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NORTHWESTERN COLLEGE

Borrower Address

101 7TH ST SW

Borrower City

ORANGE CITY

Borrower State

IA

Borrower Zip

51041-1923

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE CITY

Project County Name

SIOUX

Project State

IA

Project Zip

51041-1923

CD

IA-04

Jobs Reported

470

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

Non-Profit Organization

Originating Lender Location Id

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1968579.17

Forgiveness Date

04/23/2021

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