PPP Loan information for Norvanz inc.

$178,400

Norvanz inc. was initially approved for PPP Loan of amount $178,400, the current approved amount is $178,400. The loan was approved on 04/03/2020 by The Frandsen Bank & Trust reported 60 jobs and $178,400 was used to fund payroll.

Norvanz inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALBERTVILLE / Norvanz inc.

NORVANZ INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORVANZ INC.

Borrower Address

11025 61ST ST NE

Borrower City

ALBERTVILLE

Borrower State

MN

Borrower Zip

55301-3312

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178400.00

Current Approval Amount

178400.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBERTVILLE

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-3312

CD

MN-06

Jobs Reported

60

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178400.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179988.49

Forgiveness Date

03/05/2021

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