# PPP loan: THE NITSCHE GROUP, INC.
> **$1.03M** approved 04/07/2020 · Paid in Full · Loan `7166337001`
## Borrower
- **Name:** THE NITSCHE GROUP, INC.
- **Address:** 143 East Austin, GIDDINGS, TX, 78942-3201
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 89
## Lender
- **Originating:** First National Bank of Giddings
- **Servicing:** First National Bank of Giddings (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*