Company: NCL
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001575872-25-000691
Chunk: 23

Company: Northann Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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4 was approximately 3.48% and 6.22%, respectively. Current  Bank Loan period  Interest rate    Balance at September 30, 2025    Balance at December 31, 2024               Industrial and Commercial Bank of China June 4, 2024-June 12, 2025   4.35% $-    $1,369,994  Industrial and Commercial Bank of China June 4, 2024-June 10, 2025   4.35%  -   1,369,994 Jiangnan Rural Commercial Bank July 28, 2025-March 28, 2026   4.55%  1,264,223   1,232,994 Agricultural Bank of China, Changzhou Zhonglou Sub-branch July 26, 2024-August 23, 2025   3.25%  -   726,097 Auto Loan, current From June 16, 2025 to June 30, 2030   1.99%  15,634   - Total          $1,279,857    $4,699,080   Non-current  Bank Loan period  Interestrate    Balance at September 30, 2024    Balance at December 31, 2024  Industrial and Commercial Bank of China June 13, 2025-June 13, 2028   3.45% $1,334,457  $- Industrial and Commercial Bank of China June 13, 2025-June 13, 2028   3.45%  1,404,692   - EIDL Loan From June 26, 2020 to June 25, 2050   3.75%  134,672   136,947 Auto Loan, non-current From June 16, 2025 to June 30, 2030   1.99%  49,460   - Total        $2,923,281    $136,947  F-13 

9. BALANCES WITH RELATED PARTY 1)Related party transactions For the nine months ended September 30