PPP Loan information for Nemo plastics, inc.

$412,300

Nemo plastics, inc. was initially approved for PPP Loan of amount $412,300, the current approved amount is $412,300. The loan was approved on 04/28/2020 by The Live Oak Banking Company reported 57 jobs and $412,300 was used to fund payroll.

Nemo plastics, inc. is Existing or more than 2 years old

NEMO PLASTICS, INC.

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NEMO PLASTICS, INC.

Borrower Address

1425 Candler Rd

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30507

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412300.00

Current Approval Amount

412300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30507-1700

CD

GA-09

Jobs Reported

57

NAICS Code

423920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

412300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

417371.85

Forgiveness Date

07/26/2021

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