# PPP loan: N E R ASSOCIATES INC
> **$270K** approved 04/15/2020 · Paid in Full · Loan `2094247202`
## Borrower
- **Name:** N E R ASSOCIATES INC
- **Address:** 45 HOWARD ST, PHILLIPSBURG, NJ, 08865-3060
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 15
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*