PPP Loan information for Norco manufacturing corporation

$363,000

Norco manufacturing corporation was initially approved for PPP Loan of amount $363,000, the current approved amount is $363,000. The loan was approved on 04/06/2020 by The Johnson Bank reported 28 jobs and $363,000 was used to fund payroll.

Norco manufacturing corporation is Existing or more than 2 years old

PPP Loan Search / WI / FRANKSVILLE / Norco manufacturing corporation

NORCO MANUFACTURING CORPORATION

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

NORCO MANUFACTURING CORPORATION

Borrower Address

13448 DEBACK LN

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-7302

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363000.00

Current Approval Amount

363000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-7302

CD

WI-01

Jobs Reported

28

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45375.00

Payroll Proceed

272250.00

Mortgage Interest Proceed

45375.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

355243.73

Forgiveness Date

12/02/2020

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