# PPP loan: NORTH STAR MACHINE CO INC
> **$267K** approved 04/05/2020 · Paid in Full · Loan `5582347004`
## Borrower
- **Name:** NORTH STAR MACHINE CO INC
- **Address:** 12511 BOONE AVE, SAVAGE, MN, 55378-2317
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $249K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 19
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*