# PPP loan: NORDAK, LLP
> **$262K** approved 04/05/2020 · Paid in Full · Loan `5507977005`
## Borrower
- **Name:** NORDAK, LLP
- **Address:** 508 MARKET ST, AUDUBON, IA, 50025-1002
- **NAICS:** 112210
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $158K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $13K
- **Jobs reported:** 15
## Lender
- **Originating:** Dakota Western Bank
- **Servicing:** Dakota Western Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*