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Nordec INC

$479,600 PPP Loan in Stow, Ohio

Loan Details

Loan Number
7301857204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$479,600
Current Approval
$479,600
Forgiveness Amount
$484,529
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nordec INC
Address
900 Hampshire Rd
City
Stow
State
Ohio
ZIP Code
44224-1113
Business Type
Corporation
Industry (NAICS)
Manufacturing (323113)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$37.7M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$348,800
Rent
$28,200
Utilities
$67,700
Health Care
$34,900

Lender Information

Servicing Lender
Civista Bank
Originating Lender
Civista Bank

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