# PPP loan: NORMED INC
> **$249K** approved 02/11/2021 · Paid in Full · Loan `6889568409`
## Borrower
- **Name:** NORMED INC
- **Address:** 4320 S 131st Pl, Tukwila, WA, 98168-3200
- **NAICS:** 424210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*