PPP Loan information for Norcom, inc

$1,767,200

Norcom, inc was initially approved for PPP Loan of amount $1,767,200, the current approved amount is $1,767,200. The loan was approved on 04/27/2020 by The First National Bank of Griffin reported 127 jobs and $1,767,200 was used to fund payroll.

Norcom, inc is Existing or more than 2 years old

PPP Loan Search / GA / GRIFFIN / Norcom, inc

NORCOM, INC

Date Approved

04/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NORCOM, INC

Borrower Address

200 Wilson Road

Borrower City

GRIFFIN

Borrower State

GA

Borrower Zip

30223-4537

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1767200.00

Current Approval Amount

1767200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19464

Servicing Lender Name

First National Bank of Griffin

Servicing Lender Address

318 S Hill St

Servicing Lender City

GRIFFIN

Servicing Lender State

GA

Servicing Lender Zip

30224-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRIFFIN

Project County Name

SPALDING

Project State

GA

Project Zip

30223-4537

CD

GA-03

Jobs Reported

127

NAICS Code

424120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

220900.00

Payroll Proceed

1546300.00

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

Subchapter S Corporation

Originating Lender Location Id

19464

Originating Lender

First National Bank of Griffin

Originating Lender City

GRIFFIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1777754.11

Forgiveness Date

12/08/2020

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