# PPP loan: KOPP BILLING AGENCY, INC.
> **$1.10M** approved 04/14/2020 · Paid in Full · Loan `7855077110`
## Borrower
- **Name:** KOPP BILLING AGENCY, INC.
- **Address:** 530 East Genesee Street, Syracuse, NY, 13202
- **NAICS:** 561440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $974K
- **Rent:** $28K
- **Utilities:** $20K
- **Health care:** $74K
- **Jobs reported:** 111
## 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*