# PPP loan: NORCOM, INC
> **$1.77M** approved 04/27/2020 · Paid in Full · Loan `3723647202`
## Borrower
- **Name:** NORCOM, INC
- **Address:** 200 Wilson Road, GRIFFIN, GA, 30223-4537
- **NAICS:** 424120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $221K
- **Jobs reported:** 127
## Lender
- **Originating:** First National Bank of Griffin
- **Servicing:** First National Bank of Griffin (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*