# PPP loan: NUT SYSTEMS, LLC
> **$318K** approved 04/14/2020 · Paid in Full · Loan `6875357103`
## Borrower
- **Name:** NUT SYSTEMS, LLC
- **Address:** 936 Nelson Road, DURHAM, CA, 95938
- **NAICS:** 115114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $319K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 16
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*