PPP Loan information for Nored, inc.

$6,177,600

Nored, inc. was initially approved for PPP Loan of amount $6,177,600, the current approved amount is $6,177,600. The loan was approved on 04/10/2020 by The Dacotah Bank reported 479 jobs and $6,177,600 was used to fund payroll.

Nored, inc. is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Nored, inc.

NORED, INC.

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORED, INC.

Borrower Address

800 31st AVE SW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-3100

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6177600.00

Current Approval Amount

6177600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-3100

CD

ND-

Jobs Reported

479

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

463320.00

Payroll Proceed

5250960.00

Mortgage Interest Proceed

0.00

Rent Proceed

463320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6262370.40

Forgiveness Date

08/24/2021

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