# PPP loan: NOR-WELL COMPANY, INC
> **$1.10M** approved 04/15/2020 · Paid in Full · Loan `9737637110`
## Borrower
- **Name:** NOR-WELL COMPANY, INC
- **Address:** 136 East Elk Ave, ELIZABETHTON, TN, 37643
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 123
## Lender
- **Originating:** Bank of Tennessee
- **Servicing:** Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*