# PPP loan: NITCO INC
> **$777K** approved 01/20/2021 · Paid in Full · Loan `1947448306`
## Borrower
- **Name:** NITCO INC
- **Address:** 440 Cobia Dr Ste 1701, Katy, TX, 77494-7139
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $777K
- **Initial approval:** $777K
- **Forgiven:** $781K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $777K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*