# PPP loan: NORSCOT GROUP INC.
> **$849K** approved 02/07/2021 · Paid in Full · Loan `4944778407`
## Borrower
- **Name:** NORSCOT GROUP INC.
- **Address:** 1000 W Donges Bay Rd, Mequon, WI, 53092-6419
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $849K
- **Initial approval:** $849K
- **Forgiven:** $858K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $849K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Ixonia Bank
- **Servicing:** Ixonia Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*