# PPP loan: NICO CORPORATION
> **$1.19M** approved 04/15/2020 · Paid in Full · Loan `1417147208`
## Borrower
- **Name:** NICO CORPORATION
- **Address:** 250 E 96th Street Suite 125, Indianapolis, IN, 46240
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Rent:** $23K
- **Jobs reported:** 57
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*