PPP Loan information for Norbut elastic products, inc.

$101,175

Norbut elastic products, inc. was initially approved for PPP Loan of amount $101,175, the current approved amount is $101,175. The loan was approved on 04/27/2020 by The Webster Bank National Association reported 12 jobs and $101,175 was used to fund payroll.

Norbut elastic products, inc. is Existing or more than 2 years old

NORBUT ELASTIC PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NORBUT ELASTIC PRODUCTS, INC.

Borrower Address

994 JEFFERSON ST.

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02721

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101175.00

Current Approval Amount

101175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02721-1000

CD

MA-04

Jobs Reported

12

NAICS Code

313110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101175.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102086.96

Forgiveness Date

03/31/2021

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