# PPP loan: NEMO PLASTICS INC.
> **$411K** approved 02/08/2021 · Paid in Full · Loan `5534748400`
## Borrower
- **Name:** NEMO PLASTICS INC.
- **Address:** 1425 Candler Rd, Gainesville, GA, 30507-8422
- **NAICS:** 423920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $411K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*