# PPP loan: NORSEMAN INC
> **$749K** approved 04/15/2020 · Paid in Full · Loan `8027377105`
## Borrower
- **Name:** NORSEMAN INC
- **Address:** 8172 Lark Brown Road, Elkridge, MD, 21075
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $749K
- **Initial approval:** $749K
- **Forgiven:** $760K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $639K
- **Rent:** $56K
- **Utilities:** $4K
- **Health care:** $50K
- **Jobs reported:** 50
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*