# PPP loan: NEMMER ELECTRIC INC
> **$718K** approved 04/13/2020 · Paid in Full · Loan `5164757104`
## Borrower
- **Name:** NEMMER ELECTRIC INC
- **Address:** 300 S 20TH ST, WACO, TX, 76701-1613
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $718K
- **Initial approval:** $718K
- **Forgiven:** $723K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $718K
- **Jobs reported:** 59
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*