# PPP loan: NORLYN ENTERPRISES INC
> **$674K** approved 04/13/2020 · Paid in Full · Loan `5152407107`
## Borrower
- **Name:** NORLYN ENTERPRISES INC
- **Address:** 9200 Derrington Rd Suite 100, HOUSTON, TX, 77064-3220
- **NAICS:** 488490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $674K
- **Initial approval:** $674K
- **Forgiven:** $682K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Utilities:** $34K
- **Jobs reported:** 37
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*