PPP Loan information for Norris automotive, inc.

$1,090,638

Norris automotive, inc. was initially approved for PPP Loan of amount $1,090,638, the current approved amount is $1,090,638. The loan was approved on 04/27/2020 by The First Bank reported 104 jobs and $1,090,638 was used to fund payroll.

Norris automotive, inc. is Existing or more than 2 years old

PPP Loan Search / SC / Easley / Norris automotive, inc.

NORRIS AUTOMOTIVE, INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NORRIS AUTOMOTIVE, INC.

Borrower Address

5643 Calhoun Memorial Highway

Borrower City

Easley

Borrower State

SC

Borrower Zip

29640-3873

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1090637.50

Current Approval Amount

1090637.50

Undisbursed Amount

0.00

Franchise Name

Southeast Toyota Distributors, LLC - Toyota Dealer Agreement

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Easley

Project County Name

PICKENS

Project State

SC

Project Zip

29640-3873

CD

SC-03

Jobs Reported

104

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17502.62

Payroll Proceed

963134.88

Mortgage Interest Proceed

0.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1100617.58

Forgiveness Date

03/31/2021

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