Norsemen Electric Co.

$54,471 PPP Loan in Story City, Iowa

Loan Details

Loan Number
6539907201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$54,471
Current Approval
$54,471
Forgiveness Amount
$54,937
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norsemen Electric Co.
Address
616 1/2 Garfield Ave
State
Iowa
ZIP Code
50248-1616
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$40,853
Rent
$6,809
Utilities
$6,809

Lender Information

Servicing Lender
Gnb Bank
Originating Lender
Gnb Bank

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