# PPP loan: ENDICOTT RESEARCH GROUP INC
> **$611K** approved 04/14/2020 · Paid in Full · Loan `7127847107`
## Borrower
- **Name:** ENDICOTT RESEARCH GROUP INC
- **Address:** 2601 Wayne St, ENDICOTT, NY, 13760
- **NAICS:** 334419
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $543K
- **Rent:** $18K
- **Utilities:** $26K
- **Health care:** $24K
- **Debt interest:** $1K
- **Jobs reported:** 70
## 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*