Date Approved
04/10/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
NORED, INC.
Borrower Address
800 31st AVE SW
Borrower City
MINOT
Borrower State
ND
Borrower Zip
58701-3100
Loan Status Date
06/01/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
6177600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66384
Servicing Lender Name
Dacotah Bank
Servicing Lender Address
308 S Main St
Servicing Lender City
ABERDEEN
Servicing Lender State
SD
Servicing Lender Zip
57401-4146
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WARD
Project State
Project Zip
CD
ND-
Jobs Reported
479
NAICS Code
423820
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
463320.00
Payroll Proceed
5250960.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
6262370.40
Forgiveness Date
08/24/2021