# PPP loan: NEXOLVE HOLDING COMPANY, LLC
> **$352K** approved 04/05/2020 · Paid in Full · Loan `5212167001`
## Borrower
- **Name:** NEXOLVE HOLDING COMPANY, LLC
- **Address:** 290 DUNLOP BLVD, HUNTSVILLE, AL, 35824-1117
- **NAICS:** 541715
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Rent:** $20K
- **Utilities:** $5K
- **Jobs reported:** 30
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*