Norman Electric INC

$105,466 PPP Loan in Lynwood, Illinois

Loan Details

Loan Number
7330287100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$105,466
Current Approval
$105,466
Forgiveness Amount
$106,289
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norman Electric INC
Address
3149 Glenwood Dyer Rd
ZIP Code
60411-9700
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$79,100
Rent
$13,183
Utilities
$13,183

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

Other PPP Loans in Lynwood, IL

BusinessApproved
Preferred Window and Door INC$654,847NewBizBotAI Deep Dive
Joseph Construction Company$582,655NewBizBotAI Deep Dive
F & M Transfer INC$394,737NewBizBotAI Deep Dive
Thoesen Tractor & Equipment, Inc.$345,720NewBizBotAI Deep Dive
Roeda, Inc.$345,182NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free