PPP Loan information for Norman carpet company inc

$568,267

Norman carpet company inc was initially approved for PPP Loan of amount $568,267, the current approved amount is $568,267. The loan was approved on 02/25/2021 by The Truist Bank reported 37 jobs and $568,267 was used to fund payroll.

Norman carpet company inc is Existing or more than 2 years old

PPP Loan Search / PA / Bryn Mawr / Norman carpet company inc

NORMAN CARPET COMPANY INC

Date Approved

02/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

NORMAN CARPET COMPANY INC

Borrower Address

574 W Lancaster Ave

Borrower City

Bryn Mawr

Borrower State

PA

Borrower Zip

19010-3863

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

568267.30

Current Approval Amount

568267.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bryn Mawr

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19010-3863

CD

PA-05

Jobs Reported

37

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

568264.30

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570477.23

Forgiveness Date

07/19/2021

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