# PPP loan: NES, INC.
> **$510K** approved 04/14/2020 · Paid in Full · Loan `7425737107`
## Borrower
- **Name:** NES, INC.
- **Address:** 195 Industry Ave., FRANKFORT, IL, 60423-1639
- **NAICS:** 541350
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Jobs reported:** 67
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*