Norell INC

$162,570 PPP Loan in Morganton, North Carolina

Loan Details

Loan Number
7708738310
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$162,570
Current Approval
$162,570
Forgiveness Amount
$163,505
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Norell INC
Address
1377 Old Dry Creek Rd
ZIP Code
28655-0002
Business Type
Corporation
Industry (NAICS)
Manufacturing (327215)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$11.9M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$162,564
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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