# PPP loan: NDL INC.
> **$1.04M** approved 04/27/2020 · Paid in Full · Loan `4633447202`
## Borrower
- **Name:** NDL INC.
- **Address:** 333 West Ostend Street Suite 200, Baltimore, MD, 21230
- **NAICS:** 541490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Rent:** $50K
- **Utilities:** $2K
- **Health care:** $64K
- **Debt interest:** $67K
- **Jobs reported:** 58
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*