PPP Loan information for Nor-cote inc.

$372,800

Nor-cote inc. was initially approved for PPP Loan of amount $372,800, the current approved amount is $372,800. The loan was approved on 02/13/2021 by The Comerica Bank reported 27 jobs and $372,800 was used to fund payroll.

Nor-cote inc. is Existing or more than 2 years old

NOR-COTE INC.

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOR-COTE INC.

Borrower Address

11425 Timken Ave

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-3863

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372800.00

Current Approval Amount

372800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3863

CD

MI-10

Jobs Reported

27

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372798.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374695.07

Forgiveness Date

08/23/2021

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