# PPP loan: NEMARC PROFESSIONAL SERVICES INC.
> **$261K** approved 02/09/2021 · Paid in Full · Loan `5600818407`
## Borrower
- **Name:** NEMARC PROFESSIONAL SERVICES INC.
- **Address:** 6099 Mount Moriah Road Ext Ste 20, Memphis, TN, 38115-2701
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*