PPP Loan information for Nalcorllc

$517,345

Nalcorllc was initially approved for PPP Loan of amount $517,345, the current approved amount is $517,345. The loan was approved on 02/24/2021 by The First Merchants Bank reported 70 jobs and $517,345 was used to fund payroll.

Nalcorllc is Existing or more than 2 years old

PPP Loan Search / MI / Ferndale / Nalcorllc

NALCORLLC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NALCORLLC

Borrower Address

1365 Jarvis St

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-2025

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

517345.00

Current Approval Amount

517345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2025

CD

MI-11

Jobs Reported

70

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

517342.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

519541.94

Forgiveness Date

08/02/2021

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