# PPP loan: NORSHEL INDUSTRIES INC
> **$314K** approved 04/29/2020 · Paid in Full · Loan `2265957307`
## Borrower
- **Name:** NORSHEL INDUSTRIES INC
- **Address:** 2933 RIVER RD, CROYDON, PA, 19021-6972
- **NAICS:** 339994
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 31
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*