# PPP loan: NALCOR, LLC
> **$431K** approved 04/28/2020 · Paid in Full · Loan `7918217200`
## Borrower
- **Name:** NALCOR, LLC
- **Address:** 1365 Jarvis Street, FERNDALE, MI, 48220-2025
- **NAICS:** 541430
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Jobs reported:** 54
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*