# PPP loan: NEXUS MANAGEMENT LLC
> **$1.13M** approved 04/15/2020 · Paid in Full · Loan `8526987105`
## Borrower
- **Name:** NEXUS MANAGEMENT LLC
- **Address:** 1333 Brunswick Avenue, Lawrence Township, NJ, 08648
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $877K
- **Rent:** $15K
- **Utilities:** $30K
- **Health care:** $148K
- **Debt interest:** $60K
- **Jobs reported:** 134
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*