# PPP loan: THE NORWICH LUMBER COMPANY
> **$163K** approved 04/15/2020 · Paid in Full · Loan `8317317107`
## Borrower
- **Name:** THE NORWICH LUMBER COMPANY
- **Address:** 470 RIVER RD, JEWETT CITY, CT, 06351-3248
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $32K
- **Jobs reported:** 13
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*