# PPP loan: NIS SOLUTIONS CORP.
> **$411K** approved 04/15/2020 · Paid in Full · Loan `1624677206`
## Borrower
- **Name:** NIS SOLUTIONS CORP.
- **Address:** 22636 Davis Drive Suite 375, STERLING, VA, 20164
- **NAICS:** 541513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $15K
- **Health care:** $17K
- **Debt interest:** $3K
- **Jobs reported:** 29
## 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*