PPP Loan information for Norex inc.

$444,350

Norex inc. was initially approved for PPP Loan of amount $444,350, the current approved amount is $444,350. The loan was approved on 02/04/2021 by The Old National Bank reported 32 jobs and $444,350 was used to fund payroll.

Norex inc. is Existing or more than 2 years old

PPP Loan Search / MN / Prior Lake / Norex inc.

NOREX INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NOREX INC.

Borrower Address

5505 Cottonwood Ln SE

Borrower City

Prior Lake

Borrower State

MN

Borrower Zip

55372-3971

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

444350.00

Current Approval Amount

444350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prior Lake

Project County Name

SCOTT

Project State

MN

Project Zip

55372-3971

CD

MN-02

Jobs Reported

32

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

444350.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

446163.92

Forgiveness Date

07/08/2021

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