# PPP loan: NORALPH, INC
> **$165K** approved 04/28/2020 · Paid in Full · Loan `7159167207`
## Borrower
- **Name:** NORALPH, INC
- **Address:** 269 millburn ave, millburn, NJ, 07932
- **NAICS:** 811211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $16K
- **Utilities:** $8K
- **Health care:** $16K
- **Jobs reported:** 9
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*