# PPP loan: NEVERS INDUSTRIES, INC.
> **$562K** approved 04/10/2020 · Paid in Full · Loan `1170647104`
## Borrower
- **Name:** NEVERS INDUSTRIES, INC.
- **Address:** 6845 Wedgwood Court N., MAPLE GROVE, MN, 55311
- **NAICS:** 337211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Jobs reported:** 42
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*