# PPP loan: THE NEXXUS MARKETING GROUP, LLC
> **$742K** approved 04/04/2020 · Paid in Full · Loan `4704007001`
## Borrower
- **Name:** THE NEXXUS MARKETING GROUP, LLC
- **Address:** 85 SAM FONZO DR, BEVERLY, MA, 01915-1000
- **NAICS:** 541618
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $742K
- **Initial approval:** $735K
- **Forgiven:** $750K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Jobs reported:** 44
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*