# PPP loan: NIVEK INC
> **$259K** approved 06/16/2020 · Charged Off · Loan `6510107901`
## Borrower
- **Name:** NIVEK INC
- **Address:** 15001 Kercheval Avenue, Grosse Pointe Park, MI, 48215
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*