# PPP loan: NORVELL IP LLC
> **$428K** approved 04/30/2020 · Paid in Full · Loan `6567397309`
## Borrower
- **Name:** NORVELL IP LLC
- **Address:** 1776 ASH ST, NORTHFIELD, IL, 60093-3001
- **NAICS:** 524298
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $435K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $428K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*