# PPP loan: NEXMETRO DEVELOPMENT, LLC
> **$658K** approved 04/08/2020 · Paid in Full · Loan `8312287003`
## Borrower
- **Name:** NEXMETRO DEVELOPMENT, LLC
- **Address:** 2355 E. Camelback Rd. STE 805, PHOENIX, AZ, 85016-3406
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $658K
- **Initial approval:** $658K
- **Forgiven:** $662K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Jobs reported:** 32
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*