PPP Loan information for Northwood equity elevator comp

$220,600

Northwood equity elevator comp was initially approved for PPP Loan of amount $220,600, the current approved amount is $220,600. The loan was approved on 04/14/2020 by The Alerus Financial, National Association reported 11 jobs and $220,600 was used to fund payroll.

Northwood equity elevator comp is Existing or more than 2 years old

NORTHWOOD EQUITY ELEVATOR COMP

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHWOOD EQUITY ELEVATOR COMP

Borrower Address

600 Lander Ave

Borrower City

NORTHWOOD

Borrower State

ND

Borrower Zip

58267-4110

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220600.00

Current Approval Amount

220600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHWOOD

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58267-4110

CD

ND-

Jobs Reported

11

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

171600.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221782.66

Forgiveness Date

11/03/2020

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