PPP Loan information for Norex inc.

$540,900

Norex inc. was initially approved for PPP Loan of amount $540,900, the current approved amount is $540,900. The loan was approved on 04/09/2020 by The Old National Bank reported 32 jobs and $540,900 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

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NOREX INC.

Borrower Address

5505 Cottonwood Lane SE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-3971

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540900.00

Current Approval Amount

540900.00

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

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540900.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

544708.53

Forgiveness Date

12/31/2020

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