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Nor-Am Logistics INC

$550,600 PPP Loan in Le Mars, Iowa

Loan Details

Loan Number
5408877004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$550,600
Current Approval
$550,600
Forgiveness Amount
$555,020
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nor-Am Logistics INC
Address
801 6th St
City
Le Mars
State
Iowa
ZIP Code
51031-1817
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493120)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.2M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$412,950
Mortgage Interest
$137,650

Lender Information

Servicing Lender
Central Bank
Originating Lender
Central Bank

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