# PPP loan: NORAC ADDITIVES LLC
> **$852K** approved 04/06/2020 · Paid in Full · Loan `5925287002`
## Borrower
- **Name:** NORAC ADDITIVES LLC
- **Address:** 813 TOWNE CENTER DR, POMONA, CA, 91767-5901
- **NAICS:** 424690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $852K
- **Initial approval:** $852K
- **Forgiven:** $857K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $577K
- **Utilities:** $157K
- **Health care:** $118K
- **Jobs reported:** 54
## Lender
- **Originating:** Partners Bank
- **Servicing:** Partners Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*