# PPP loan: NORWOOD ENTERPRISES INC
> **$404K** approved 03/31/2021 · Paid in Full · Loan `3844558703`
## Borrower
- **Name:** NORWOOD ENTERPRISES INC
- **Address:** 1085 W Gimble St, Pensacola, FL, 32502-5455
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $406K (100%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $404K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*