Northern Dry Bulk, Inc.

$513,800 PPP Loan in Clare, Michigan

Loan Details

Loan Number
5901957008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$513,800
Current Approval
$513,800
Forgiveness Amount
$517,164
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Dry Bulk, Inc.
Address
805 Industrial Drive
City
Clare
ZIP Code
48617-9140
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (562920)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$8.7M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$390,860
Rent
$51,880
Utilities
$36,750
Health Care
$26,820
Mortgage Interest
$7,490

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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