PPP Loan information for Northern plains distributing, inc.

$510,900

Northern plains distributing, inc. was initially approved for PPP Loan of amount $510,900, the current approved amount is $510,900. The loan was approved on 04/13/2020 by The Alerus Financial, National Association reported 38 jobs and $510,900 was used to fund payroll.

Northern plains distributing, inc. is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Northern plains distributing, inc.

NORTHERN PLAINS DISTRIBUTING, INC.

Date Approved

04/13/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

NORTHERN PLAINS DISTRIBUTING, INC.

Borrower Address

405 14th Street N

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-2736

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510900.00

Current Approval Amount

510900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-2736

CD

ND-

Jobs Reported

38

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399675.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

111225.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

513979.59

Forgiveness Date

11/24/2020

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