PPP Loan information for Northern dry bulk, inc.

$513,800

Northern dry bulk, inc. was initially approved for PPP Loan of amount $513,800, the current approved amount is $513,800. The loan was approved on 04/06/2020 by The Isabella Bank reported 46 jobs and $513,800 was used to fund payroll.

Northern dry bulk, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Northern dry bulk, inc.

NORTHERN DRY BULK, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN DRY BULK, INC.

Borrower Address

805 Industrial Drive

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-9140

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

513800.00

Current Approval Amount

513800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-9140

CD

MI-02

Jobs Reported

46

NAICS Code

562920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36750.00

Payroll Proceed

390860.00

Mortgage Interest Proceed

7490.00

Rent Proceed

51880.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26820.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517164.33

Forgiveness Date

12/09/2020

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