PPP Loan information for Norvel wood

$605,632

Norvel wood was initially approved for PPP Loan of amount $605,632, the current approved amount is $605,632. The loan was approved on 02/24/2021 by The Loan Source Incorporated reported 62 jobs and $605,632 was used to fund payroll.

Norvel wood is Existing or more than 2 years old

NORVEL WOOD

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NORVEL WOOD

Borrower Address

4703 Webster St

Borrower City

Bladensburg

Borrower State

MD

Borrower Zip

20710-1121

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

605632.00

Current Approval Amount

605632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bladensburg

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20710-1121

CD

MD-04

Jobs Reported

62

NAICS Code

485999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

605632.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;