# PPP loan: NEMA ASSOCIATES INC
> **$222K** approved 01/23/2021 · Paid in Full · Loan `4398558304`
## Borrower
- **Name:** NEMA ASSOCIATES INC
- **Address:** 1074 Labat Ln, Summerland Key, FL, 33042-4326
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $223K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Jobs reported:** 15
## Lender
- **Originating:** First State Bank of the Florida Keys
- **Servicing:** First State Bank of the Florida Keys (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*