# PPP loan: NORQUIST SALVAGE CORP, INC.
> **$534K** approved 04/10/2020 · Paid in Full · Loan `1647357109`
## Borrower
- **Name:** NORQUIST SALVAGE CORP, INC.
- **Address:** PO BOX 191, ROSEVILLE, CA, 95661-0191
- **NAICS:** 453310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $430K
- **Rent:** $87K
- **Utilities:** $17K
- **Jobs reported:** 60
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*