# PPP loan: NORCO INDUSTRIES, INC.
> **$6.34M** approved 04/13/2020 · Paid in Full · Loan `4186567102`
## Borrower
- **Name:** NORCO INDUSTRIES, INC.
- **Address:** 365 W VICTORIA ST, COMPTON, CA, 90220-6029
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.34M
- **Initial approval:** $6.71M
- **Forgiven:** $6.47M (102%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.34M
- **Jobs reported:** 500
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*