Northern Plains Railroad, Inc.
$1,941,700 PPP Loan in Fordville, North Dakota
Loan Details
- Loan Number
- 3323957104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,941,700
- Current Approval
- $1,941,700
- Forgiveness Amount
- $1,962,519
- Forgiveness Date
- May 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Northern Plains Railroad, Inc.
- Address
- 114 Main Street South
- City
- Fordville
- State
- North Dakota
- ZIP Code
- 58231-3134
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (482111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 142
- Estimated Revenue
- $36.0M
- Rural/Urban
- Rural
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,941,700
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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|---|---|---|
| Total Trans Care INC | $284,700 | |
| The Fordville Co-Operative Marketing Association | $151,000 | |
| Gemmill Custom Cabinets | $74,900 | |
| Gemmill Custom Cabinets LLC | $47,800 | |
| Gemmill Land & Cattle | $41,666 |
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