# PPP loan: NIES FOUNDATIONS, INC.
> **$501K** approved 04/03/2020 · Paid in Full · Loan `4458767010`
## Borrower
- **Name:** NIES FOUNDATIONS, INC.
- **Address:** 10333 E 21ST ST N, WICHITA, KS, 67206-3540
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Rent:** $50K
- **Utilities:** $50K
- **Jobs reported:** 55
## Lender
- **Originating:** Andover State Bank
- **Servicing:** Andover State Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*