PPP Loan information for Norlake manufacturing company

$929,048

Norlake manufacturing company was initially approved for PPP Loan of amount $929,048, the current approved amount is $929,048. The loan was approved on 02/04/2021 by The The Huntington National Bank reported 90 jobs and $929,048 was used to fund payroll.

Norlake manufacturing company is Existing or more than 2 years old

NORLAKE MANUFACTURING COMPANY

Date Approved

02/04/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

NORLAKE MANUFACTURING COMPANY

Borrower Address

39301 Taylor Pkwy

Borrower City

North Ridgeville

Borrower State

OH

Borrower Zip

44035-6264

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

929047.50

Current Approval Amount

929047.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Ridgeville

Project County Name

LORAIN

Project State

OH

Project Zip

44035-6264

CD

OH-05

Jobs Reported

90

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

929043.50

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

937803.45

Forgiveness Date

01/28/2022

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