# PPP loan: NOCIMED, INC.
> **$245K** approved 04/27/2020 · Paid in Full · Loan `4294277204`
## Borrower
- **Name:** NOCIMED, INC.
- **Address:** 4330 La Jolla Village Dr, Suite 130, San Diego, CA, 92122
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $15K
- **Utilities:** $660
- **Jobs reported:** 9
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*