Norman Industrial Materials, Inc.

$5,640,400 PPP Loan in Sun Valley, California

Loan Details

Loan Number
7917917000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$5,640,400
Current Approval
$5,640,400
Forgiveness Amount
$5,704,531
Forgiveness Date
Jun 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norman Industrial Materials, Inc.
Address
8300 San Fernando Rd
ZIP Code
91352-3222
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
405
Estimated Revenue
$124.1M
Rural/Urban
Urban
Congressional District
CA-30

Loan Use Breakdown

Payroll
$4,134,400
Rent
$693,000
Utilities
$102,000
Health Care
$683,000
Debt Interest
$28,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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