# PPP loan: EMERICK ASSOCIATES, INC.
> **$196K** approved 04/13/2020 · Paid in Full · Loan `4997357102`
## Borrower
- **Name:** EMERICK ASSOCIATES, INC.
- **Address:** 1107 Loudon Road, COHOES, NY, 12047
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $13K
- **Utilities:** $3K
- **Health care:** $14K
- **Debt interest:** $5K
- **Jobs reported:** 15
## 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*