PPP Loan information for Nordic underwater services, inc.

$186,410

Nordic underwater services, inc. was initially approved for PPP Loan of amount $209,375, the current approved amount is $186,410. The loan was approved on 04/07/2020 by The Frandsen Bank & Trust reported 19 jobs and $186,410 was used to fund payroll.

Nordic underwater services, inc. is Existing or more than 2 years old

NORDIC UNDERWATER SERVICES, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORDIC UNDERWATER SERVICES, INC.

Borrower Address

4236 Lindahl Road

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55811-3664

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209375.00

Current Approval Amount

186410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55811-3664

CD

MN-08

Jobs Reported

19

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12937.00

Payroll Proceed

157032.00

Mortgage Interest Proceed

16441.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177487.79

Forgiveness Date

11/25/2020

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