PPP Loan information for Norm's used cars, inc.

$349,384

Norm's used cars, inc. was initially approved for PPP Loan of amount $349,384, the current approved amount is $349,384. The loan was approved on 04/09/2020 by The First Federal Savings and Loan Association of Bath reported 29 jobs and $349,384 was used to fund payroll.

Norm's used cars, inc. is Existing or more than 2 years old

PPP Loan Search / ME / WISCASSET / Norm's used cars, inc.

NORM'S USED CARS, INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

NORM'S USED CARS, INC.

Borrower Address

744 Bath Road

Borrower City

WISCASSET

Borrower State

ME

Borrower Zip

04578-4825

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349384.25

Current Approval Amount

349384.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82721

Servicing Lender Name

First Federal Savings and Loan Association of Bath

Servicing Lender Address

125 Front St

Servicing Lender City

BATH

Servicing Lender State

ME

Servicing Lender Zip

04530-2610

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WISCASSET

Project County Name

LINCOLN

Project State

ME

Project Zip

04578-4825

CD

ME-01

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17469.21

Payroll Proceed

279507.41

Mortgage Interest Proceed

0.00

Rent Proceed

52407.63

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

82721

Originating Lender

First Federal Savings and Loan Association of Bath

Originating Lender City

BATH

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

351762.00

Forgiveness Date

12/21/2020

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