# PPP loan: NORWEST ENGINEERING INC.
> **$1.10M** approved 02/03/2021 · Paid in Full · Loan `2009358410`
## Borrower
- **Name:** NORWEST ENGINEERING INC.
- **Address:** 4110 NE 122nd Ave Ste 207, Portland, OR, 97230-1360
- **NAICS:** 541340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 52
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*