# PPP loan: NORTON ENERGY DRILLING, LLC
> **$2.23M** approved 04/04/2020 · Paid in Full · Loan `4864727004`
## Borrower
- **Name:** NORTON ENERGY DRILLING, LLC
- **Address:** 4420 6TH ST, LUBBOCK, TX, 79416-4732
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.23M
- **Initial approval:** $2.23M
- **Forgiven:** $2.26M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Rent:** $223K
- **Utilities:** $223K
- **Jobs reported:** 75
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*