PPP Loan information for Norrell construction inc

$2,000,000

Norrell construction inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The NewFirst National Bank reported 115 jobs and $2,000,000 was used to fund payroll.

Norrell construction inc is Existing or more than 2 years old

PPP Loan Search / TX / Clute / Norrell construction inc

NORRELL CONSTRUCTION INC

Date Approved

02/03/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

NORRELL CONSTRUCTION INC

Borrower Address

211 W Plantation Dr

Borrower City

Clute

Borrower State

TX

Borrower Zip

77531-5405

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69836

Servicing Lender Name

NewFirst National Bank

Servicing Lender Address

202 E Jackson

Servicing Lender City

EL CAMPO

Servicing Lender State

TX

Servicing Lender Zip

77437-4414

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clute

Project County Name

BRAZORIA

Project State

TX

Project Zip

77531-5405

CD

TX-14

Jobs Reported

115

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

69836

Originating Lender

NewFirst National Bank

Originating Lender City

EL CAMPO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023452.05

Forgiveness Date

04/18/2022

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