PPP Loan information for Norlen inc

$1,600,000

Norlen inc was initially approved for PPP Loan of amount $1,600,000, the current approved amount is $1,600,000. The loan was approved on 01/29/2021 by The Peoples State Bank reported 116 jobs and $1,600,000 was used to fund payroll.

Norlen inc is Existing or more than 2 years old

PPP Loan Search / WI / Schofield / Norlen inc

NORLEN INC

Date Approved

01/29/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

NORLEN INC

Borrower Address

900 Grossman Dr

Borrower City

Schofield

Borrower State

WI

Borrower Zip

54476-1845

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1600000.00

Current Approval Amount

1600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schofield

Project County Name

MARATHON

Project State

WI

Project Zip

54476-1845

CD

WI-07

Jobs Reported

116

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1599998.00

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

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1607288.89

Forgiveness Date

07/16/2021

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