# PPP loan: NIX COMPANIES INC
> **$976K** approved 04/07/2020 · Paid in Full · Loan `6502087004`
## Borrower
- **Name:** NIX COMPANIES INC
- **Address:** 129 W FLETCHALL ST, POSEYVILLE, IN, 47633-9030
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $976K
- **Initial approval:** $976K
- **Forgiven:** $982K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $976K
- **Jobs reported:** 95
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*