# PPP loan: NIS TECHNICAL, INC
> **$214K** approved 04/15/2020 · Charged Off · Loan `1144067201`
## Borrower
- **Name:** NIS TECHNICAL, INC
- **Address:** 4242 ridge lea rd 5, Amherst, NY, 14226
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $154K (72%)
- **Forgiveness date:** 04/21/2022
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 14
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*