# PPP loan: NEXTIER INFRASTRUCTURE SOLUTIONS INC.
> **$570K** approved 04/07/2020 · Paid in Full · Loan `6578587008`
## Borrower
- **Name:** NEXTIER INFRASTRUCTURE SOLUTIONS INC.
- **Address:** 111 HOLT INDUSTRIAL CIR, ACWORTH, GA, 30101-2016
- **NAICS:** 517312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 68
## Lender
- **Originating:** Citizens Tri-County Bank
- **Servicing:** Citizens Tri-County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*