PPP Loan information for Norton equipment company

$105,800

Norton equipment company was initially approved for PPP Loan of amount $105,800, the current approved amount is $105,800. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 11 jobs and $105,800 was used to fund payroll.

Norton equipment company is Existing or more than 2 years old

NORTON EQUIPMENT COMPANY

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NORTON EQUIPMENT COMPANY

Borrower Address

60 Amy Lane

Borrower City

BYHALIA

Borrower State

MS

Borrower Zip

38611-6136

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105800.00

Current Approval Amount

105800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BYHALIA

Project County Name

MARSHALL

Project State

MS

Project Zip

38611-6136

CD

MS-01

Jobs Reported

11

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13548.63

Payroll Proceed

83728.65

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8522.72

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106565.24

Forgiveness Date

12/31/2020

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