# PPP loan: NUVERA COMMUNICATIONS, INC.
> **$2.89M** approved 04/07/2020 · Paid in Full · Loan `6719227010`
## Borrower
- **Name:** NUVERA COMMUNICATIONS, INC.
- **Address:** 27 North MINNESOTA ST, NEW ULM, MN, 56073-1727
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.89M
- **Initial approval:** $2.89M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.89M
- **Jobs reported:** 197
## Lender
- **Originating:** Citizens Bank Minnesota
- **Servicing:** Citizens Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*