PPP Loan information for Norell, inc.

$162,570

Norell, inc. was initially approved for PPP Loan of amount $162,570, the current approved amount is $162,570. The loan was approved on 05/10/2020 by The Bank of America, National Association reported 15 jobs and $162,570 was used to fund payroll.

Norell, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MORGANTON / Norell, inc.

NORELL, INC.

Date Approved

05/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NORELL, INC.

Borrower Address

1001 INNOVATION DRIVE

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162570.00

Current Approval Amount

162570.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-0001

CD

NC-10

Jobs Reported

15

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162570.00

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

153510.50

Forgiveness Date

12/23/2020

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