PPP Loan information for Norman's gift shops, inc.

$1,932,135

Norman's gift shops, inc. was initially approved for PPP Loan of amount $1,932,135, the current approved amount is $1,932,135. The loan was approved on 04/27/2020 by The Academy Bank, National Association reported 442 jobs and $1,932,135 was used to fund payroll.

Norman's gift shops, inc. is Existing or more than 2 years old

PPP Loan Search / PA / NEWTOWN / Norman's gift shops, inc.

NORMAN'S GIFT SHOPS, INC.

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

NORMAN'S GIFT SHOPS, INC.

Borrower Address

105 TERRY DR

Borrower City

NEWTOWN

Borrower State

PA

Borrower Zip

18940-1872

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1932135.00

Current Approval Amount

1932135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15727

Servicing Lender Name

Academy Bank, National Association

Servicing Lender Address

1111 Main Street Suite 1600

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64105

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

18940-1872

CD

PA-01

Jobs Reported

442

NAICS Code

453220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1932135.00

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

15727

Originating Lender

Academy Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1952046.72

Forgiveness Date

05/13/2021

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