# PPP loan: NORRIS CONTRACTING, INC.
> **$239K** approved 04/07/2020 · Paid in Full · Loan `6518737003`
## Borrower
- **Name:** NORRIS CONTRACTING, INC.
- **Address:** 4576 S MACKINAC TRL, SAULT SAINTE MARIE, MI, 49783-8961
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $15K
- **Mortgage interest:** $10K
- **Utilities:** $20K
- **Debt interest:** $15K
- **Jobs reported:** 15
## Lender
- **Originating:** Central Savings Bank
- **Servicing:** Central Savings Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*