# PPP loan: NIDA CORPORATION
> **$406K** approved 02/03/2021 · Paid in Full · Loan `2178798403`
## Borrower
- **Name:** NIDA CORPORATION
- **Address:** 300 S John Rodes Blvd, Melbourne, FL, 32904-1008
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*