PPP Loan information for Norman electric inc.

$90,122

Norman electric inc. was initially approved for PPP Loan of amount $90,122, the current approved amount is $90,122. The loan was approved on 01/23/2021 by The Old Plank Trail Community Bank, National Association reported 7 jobs and $90,122 was used to fund payroll.

Norman electric inc. is Existing or more than 2 years old

PPP Loan Search / IL / Lynwood / Norman electric inc.

NORMAN ELECTRIC INC.

Date Approved

01/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

NORMAN ELECTRIC INC.

Borrower Address

3149 Glenwood Dyer Rd

Borrower City

Lynwood

Borrower State

IL

Borrower Zip

60411-9700

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90122.00

Current Approval Amount

90122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynwood

Project County Name

COOK

Project State

IL

Project Zip

60411-9700

CD

IL-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90122.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90595.14

Forgiveness Date

08/19/2021

;