# PPP loan: NIMSGERN STEEL CORP.
> **$374K** approved 04/05/2020 · Paid in Full · Loan `5487797001`
## Borrower
- **Name:** NIMSGERN STEEL CORP.
- **Address:** 8765 FRANK DR, MINOCQUA, WI, 54548-9768
- **NAICS:** 332111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Jobs reported:** 33
## Lender
- **Originating:** IncredibleBank
- **Servicing:** IncredibleBank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*