PPP Loan information for Norton automotive inc

$547,806

Norton automotive inc was initially approved for PPP Loan of amount $547,806, the current approved amount is $547,806. The loan was approved on 04/04/2021 by The Truist Bank reported 44 jobs and $547,806 was used to fund payroll.

Norton automotive inc is Existing or more than 2 years old

PPP Loan Search / PA / McMurray / Norton automotive inc

NORTON AUTOMOTIVE INC

Date Approved

04/04/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

NORTON AUTOMOTIVE INC

Borrower Address

3663 Washington Rd

Borrower City

McMurray

Borrower State

PA

Borrower Zip

15317-2906

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

547806.00

Current Approval Amount

547806.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McMurray

Project County Name

WASHINGTON

Project State

PA

Project Zip

15317-2906

CD

PA-14

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

547802.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

550834.15

Forgiveness Date

10/25/2021

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