PPP Loan information for The norwood company

$1,917,320

The norwood company was initially approved for PPP Loan of amount $1,917,320, the current approved amount is $1,917,320. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 105 jobs and $1,917,320 was used to fund payroll.

The norwood company is Existing or more than 2 years old

THE NORWOOD COMPANY

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE NORWOOD COMPANY

Borrower Address

375 Technology Drive

Borrower City

Malvern

Borrower State

PA

Borrower Zip

19355

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1917320.00

Current Approval Amount

1917320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Malvern

Project County Name

CHESTER

Project State

PA

Project Zip

19355-0001

CD

PA-06

Jobs Reported

105

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38400.00

Payroll Proceed

1819209.00

Mortgage Interest Proceed

0.00

Rent Proceed

59711.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1938279.20

Forgiveness Date

05/26/2021

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