# PPP loan: NORNAT III, INC.
> **$165K** approved 04/05/2020 · Paid in Full · Loan `5398527010`
## Borrower
- **Name:** NORNAT III, INC.
- **Address:** 656 River Oaks Dr, CALUMET CITY, IL, 60409-5712
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 50
## Lender
- **Originating:** Peoples Bank of Kankakee County
- **Servicing:** Peoples Bank of Kankakee County (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*