PPP Loan information for Nortec seeds

$46,900

Nortec seeds was initially approved for PPP Loan of amount $46,900, the current approved amount is $46,900. The loan was approved on 04/04/2020 by The Reliabank Dakota reported 5 jobs and $46,900 was used to fund payroll.

Nortec seeds is Existing or more than 2 years old

NORTEC SEEDS

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

NORTEC SEEDS

Borrower Address

45938 SD HWY 38

Borrower City

HUMBOLDT

Borrower State

SD

Borrower Zip

57035-6206

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46900.00

Current Approval Amount

46900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66512

Servicing Lender Name

Reliabank Dakota

Servicing Lender Address

211 N Main St

Servicing Lender City

ESTELLINE

Servicing Lender State

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57035-6206

CD

SD-

Jobs Reported

5

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4690.00

Payroll Proceed

37520.00

Mortgage Interest Proceed

4690.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47215.27

Forgiveness Date

12/08/2020

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