# PPP loan: SANICO INC
> **$518K** approved 04/11/2020 · Paid in Full · Loan `3649047102`
## Borrower
- **Name:** SANICO INC
- **Address:** 77 US HIGHWAY 46, Delaware, NJ, 07833
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 35
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*