# PPP loan: NEMCO FOOD EQUIPMENT LIMITED
> **$1.23M** approved 04/13/2020 · Paid in Full · Loan `4885487101`
## Borrower
- **Name:** NEMCO FOOD EQUIPMENT LIMITED
- **Address:** 301 MEUSE ARGONNE ST, HICKSVILLE, OH, 43526-1143
- **NAICS:** 333241
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 95
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*