Nored, Inc.

$6,177,600 PPP Loan in Minot, North Dakota

Loan Details

Loan Number
2164337103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$6,177,600
Current Approval
$6,177,600
Forgiveness Amount
$6,262,370
Forgiveness Date
Aug 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nored, Inc.
Address
800 31st Ave SW
City
Minot
ZIP Code
58701-3100
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
479
Estimated Revenue
$146.7M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$5,250,960
Rent
$463,320
Utilities
$463,320

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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