# PPP loan: NUELL, INC.
> **$275K** approved 04/07/2020 · Paid in Full · Loan `6459527009`
## Borrower
- **Name:** NUELL, INC.
- **Address:** 312 E Van Buren St, LEESBURG, IN, 46538-7731
- **NAICS:** 811219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $6K
- **Utilities:** $10K
- **Health care:** $43K
- **Debt interest:** $1K
- **Jobs reported:** 24
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*