# PPP loan: NOR-COTE INC.
> **$373K** approved 02/13/2021 · Paid in Full · Loan `8563448407`
## Borrower
- **Name:** NOR-COTE INC.
- **Address:** 11425 Timken Ave, Warren, MI, 48089-3863
- **NAICS:** 332811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $373K
- **Initial approval:** $373K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $373K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*