# PPP loan: NISUS TECHNOLOGY CORPORATION
> **$557K** approved 04/13/2020 · Paid in Full · Loan `4967467110`
## Borrower
- **Name:** NISUS TECHNOLOGY CORPORATION
- **Address:** 7120 Minstrel Way Suite 210, COLUMBIA, MD, 21045-5243
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $75K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*