# PPP loan: NISBET ENTERPRISES, INC.
> **$1.34M** approved 04/07/2020 · Paid in Full · Loan `6545007002`
## Borrower
- **Name:** NISBET ENTERPRISES, INC.
- **Address:** 30 South Main St, LABELLE, FL, 33935-4908
- **NAICS:** 561210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $334K
- **Jobs reported:** 397
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*