# PPP loan: NORES PRECISION, INC.
> **$317K** approved 04/28/2020 · Paid in Full · Loan `8280947201`
## Borrower
- **Name:** NORES PRECISION, INC.
- **Address:** 44 SE 9th St, Deerfield Beach, FL, 33441
- **NAICS:** 333992
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Jobs reported:** 21
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*