# PPP loan: ROY NESS CONTRACTING & SALES, INC.
> **$316K** approved 04/27/2020 · Paid in Full · Loan `4609767204`
## Borrower
- **Name:** ROY NESS CONTRACTING & SALES, INC.
- **Address:** 1801 North Lincoln Road, ESCANABA, MI, 49829-2536
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $284K
- **Utilities:** $16K
- **Debt interest:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** Upper Peninsula State Bank
- **Servicing:** Upper Peninsula State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*