# PPP loan: NADEAU CORPORATION
> **$1.52M** approved 04/14/2020 · Paid in Full · Loan `7261517103`
## Borrower
- **Name:** NADEAU CORPORATION
- **Address:** 1633 Stanford Street, Santa Monica, CA, 90404
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Rent:** $225K
- **Utilities:** $50K
- **Health care:** $105K
- **Jobs reported:** 144
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*