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
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
Project County Name
SAINT LOUIS
Project State
Project Zip
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
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
177487.79
Forgiveness Date
11/25/2020