PPP Loan information for Nor-am cold storage inc

$1,629,200

Nor-am cold storage inc was initially approved for PPP Loan of amount $1,629,200, the current approved amount is $1,629,200. The loan was approved on 04/05/2020 by The Central Bank reported 164 jobs and $1,629,200 was used to fund payroll.

Nor-am cold storage inc is Existing or more than 2 years old

NOR-AM COLD STORAGE INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NOR-AM COLD STORAGE INC

Borrower Address

801 6TH ST

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-1817

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1629200.00

Current Approval Amount

1629200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25506

Servicing Lender Name

Central Bank

Servicing Lender Address

600 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1852

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-1817

CD

IA-04

Jobs Reported

164

NAICS Code

493120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1221900.00

Mortgage Interest Proceed

407300.00

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

25506

Originating Lender

Central Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1643093.46

Forgiveness Date

02/17/2021

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