# PPP loan: ERICOM SOFTWARE INC
> **$309K** approved 04/13/2020 · Paid in Full · Loan `4999907105`
## Borrower
- **Name:** ERICOM SOFTWARE INC
- **Address:** 231 HERBERT AVE STE 4, CLOSTER, NJ, 07624-1332
- **NAICS:** 454110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $281K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 18
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*