PPP Loan information for Nor-am logistics inc

$550,600

Nor-am logistics inc was initially approved for PPP Loan of amount $550,600, the current approved amount is $550,600. The loan was approved on 04/05/2020 by The Central Bank reported 64 jobs and $550,600 was used to fund payroll.

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

PPP Loan Search / IA / LE MARS / Nor-am logistics inc

NOR-AM LOGISTICS INC

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NOR-AM LOGISTICS 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

550600.00

Current Approval Amount

550600.00

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

64

NAICS Code

493120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

412950.00

Mortgage Interest Proceed

137650.00

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

555020.09

Forgiveness Date

02/01/2021

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