PPP Loan information for Norwood insurance inc.

$42,100

Norwood insurance inc. was initially approved for PPP Loan of amount $42,100, the current approved amount is $42,100. The loan was approved on 04/27/2020 by The Carolina Bank & Trust Co. reported 4 jobs and $42,100 was used to fund payroll.

Norwood insurance inc. is Existing or more than 2 years old

PPP Loan Search / SC / HARTSVILLE / Norwood insurance inc.

NORWOOD INSURANCE INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NORWOOD INSURANCE INC.

Borrower Address

350 N 5TH ST

Borrower City

HARTSVILLE

Borrower State

SC

Borrower Zip

29550-3206

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42100.00

Current Approval Amount

42100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSVILLE

Project County Name

DARLINGTON

Project State

SC

Project Zip

29550-3206

CD

SC-07

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

41000.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42519.85

Forgiveness Date

05/03/2021

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