PPP Loan information for Northwoods cottage inc

$61,500

Northwoods cottage inc was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 04/15/2020 by The The First National Bank of Bemidji reported 10 jobs and $61,500 was used to fund payroll.

Northwoods cottage inc is Existing or more than 2 years old

NORTHWOODS COTTAGE INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHWOODS COTTAGE INC

Borrower Address

17042 370TH ST

Borrower City

BAGLEY

Borrower State

MN

Borrower Zip

56621-4524

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAGLEY

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-4524

CD

MN-08

Jobs Reported

10

NAICS Code

624120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61500.00

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61788.71

Forgiveness Date

10/13/2020

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