# PPP loan: ICUP INC
> **$277K** approved 04/14/2020 · Paid in Full · Loan `7122457109`
## Borrower
- **Name:** ICUP INC
- **Address:** 2389 FOREST GROVE ROAD, FURLONG, PA, 18925-1165
- **NAICS:** 423210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Mortgage interest:** $28K
- **Utilities:** $28K
- **Jobs reported:** 11
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*