PPP Loan information for Jd norman industries inc

$1,940,264

Jd norman industries inc was initially approved for PPP Loan of amount $2,969,217, the current approved amount is $1,940,264. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 500 jobs and $1,940,264 was used to fund payroll.

Jd norman industries inc is New Business or 2 years or less

JD NORMAN INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JD NORMAN INDUSTRIES INC

Borrower Address

787 W Belden Ave

Borrower City

Addison

Borrower State

IL

Borrower Zip

60101

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2969217.00

Current Approval Amount

1940264.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Addison

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-0001

CD

IL-08

Jobs Reported

500

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1940264.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1957593.48

Forgiveness Date

03/31/2021

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