# PPP loan: NORALCO INDUSTRIES INC
> **$329K** approved 04/28/2020 · Paid in Full · Loan `7056497209`
## Borrower
- **Name:** NORALCO INDUSTRIES INC
- **Address:** 3904 AL HIGHWAY 75, ALBERTVILLE, AL, 35951-5457
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 46
## Lender
- **Originating:** Citizens Bank & Trust
- **Servicing:** Citizens Bank & Trust (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*