# PPP loan: NORD SUD SHIPPING INC
> **$288K** approved 05/01/2020 · Paid in Full · Loan `2851597701`
## Borrower
- **Name:** NORD SUD SHIPPING INC
- **Address:** 1940 JEFFERSON HWY, LUTCHER, LA, 70071
- **NAICS:** 813910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $38K
- **Utilities:** $15K
- **Health care:** $21K
- **Jobs reported:** 26
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*