# PPP loan: NORMAN TRANSPORTATION CORP, INC.
> **$162K** approved 04/04/2020 · Paid in Full · Loan `4896547003`
## Borrower
- **Name:** NORMAN TRANSPORTATION CORP, INC.
- **Address:** 133 ISLAND ESTATES PKWY, PALM COAST, FL, 32137-2206
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $12K
- **Jobs reported:** 11
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*