# PPP loan: NIMCO CORPORATION
> **$687K** approved 04/07/2020 · Paid in Full · Loan `7568957002`
## Borrower
- **Name:** NIMCO CORPORATION
- **Address:** 1000 NIMCO DRIVE, CRYSTAL LAKE, IL, 60014-1704
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $696K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Rent:** $172K
- **Jobs reported:** 42
## Lender
- **Originating:** Home State Bank, National Association
- **Servicing:** Home State Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*