# PPP loan: NORTHERN MACHINING & REPAIR INC.
> **$841K** approved 01/20/2021 · Paid in Full · Loan `1862998308`
## Borrower
- **Name:** NORTHERN MACHINING & REPAIR INC.
- **Address:** 1701 N 26th St, Escanaba, MI, 49829-2558
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $841K
- **Initial approval:** $841K
- **Forgiven:** $852K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $841K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First Bank, Upper Michigan
- **Servicing:** First Bank, Upper Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*