PPP Loan information for Norato construction company, inc.

$89,300

Norato construction company, inc. was initially approved for PPP Loan of amount $89,300, the current approved amount is $89,300. The loan was approved on 04/11/2020 by The First Bank reported 6 jobs and $89,300 was used to fund payroll.

Norato construction company, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SANFORD / Norato construction company, inc.

NORATO CONSTRUCTION COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NORATO CONSTRUCTION COMPANY, INC.

Borrower Address

331 Wicker Street

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-4255

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89300.00

Current Approval Amount

89300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-4255

CD

NC-09

Jobs Reported

6

NAICS Code

236220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89300.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90029.28

Forgiveness Date

02/09/2021

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