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 02/10/2021 by The First Bank reported 8 jobs and $89,300 was used to fund payroll.

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

NORATO CONSTRUCTION COMPANY INC.

Date Approved

02/10/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NORATO CONSTRUCTION COMPANY INC.

Borrower Address

331 Wicker St

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27330-4367

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

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

27330-4367

CD

NC-09

Jobs Reported

8

NAICS Code

238160

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

89843.24

Forgiveness Date

09/21/2021

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