PPP Loan information for Norfork design inc

$1,403,732

Norfork design inc was initially approved for PPP Loan of amount $1,403,732, the current approved amount is $1,403,732. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 60 jobs and $1,403,732 was used to fund payroll.

Norfork design inc is New Business or 2 years or less

NORFORK DESIGN INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

NORFORK DESIGN INC

Borrower Address

975 SE Main St

Borrower City

Portland

Borrower State

OR

Borrower Zip

97214

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1403732.00

Current Approval Amount

1403732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97214-0001

CD

OR-03

Jobs Reported

60

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1403732.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

1432691.18

Forgiveness Date

05/26/2022

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