# PPP loan: NIVON WELLNESS CENTER, LLC
> **$222K** approved 06/04/2020 · Paid in Full · Loan `7828687807`
## Borrower
- **Name:** NIVON WELLNESS CENTER, LLC
- **Address:** 7501 80th Street South, Cottage Grove, MN, 55016-3005
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 15
## 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*