# PPP loan: NORDIC CUSTOM BUILDERS INC
> **$499K** approved 04/30/2020 · Paid in Full · Loan `6506407306`
## Borrower
- **Name:** NORDIC CUSTOM BUILDERS INC
- **Address:** 525 EAST PUTNAM AVE, COS COB, CT, 06807
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Rent:** $25K
- **Utilities:** $2K
- **Health care:** $58K
- **Jobs reported:** 35
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*