# PPP loan: NICO CONSTRUCTION GROUP
> **$261K** approved 02/20/2021 · Paid in Full · Loan `2427078510`
## Borrower
- **Name:** NICO CONSTRUCTION GROUP
- **Address:** 50 Melrose Pkwy, East Patchogue, NY, 11772-6232
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 06/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*