# PPP loan: NEI, INC.
> **$276K** approved 06/02/2020 · Paid in Full · Loan `6889877804`
## Borrower
- **Name:** NEI, INC.
- **Address:** 79811 Country Club Drive, Bermuda Dunes, CA, 92203-1290
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Rent:** $35K
- **Utilities:** $35K
- **Jobs reported:** 13
## 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*