# PPP loan: NORTHERN ENGINE & SUPPLY CO.
> **$443K** approved 02/11/2021 · Paid in Full · Loan `7231418408`
## Borrower
- **Name:** NORTHERN ENGINE & SUPPLY CO.
- **Address:** 2929 W Superior St, Duluth, MN, 55806-1747
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $446K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $443K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*