# PPP loan: NORAIR ENGINEERING CORP ESOP
> **$197K** approved 04/15/2020 · Paid in Full · Loan `8330477103`
## Borrower
- **Name:** NORAIR ENGINEERING CORP ESOP
- **Address:** 337 Brightseat Rd Ste 200, Hyattsville, MD, 20785
- **NAICS:** 237110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 11
## 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*