# PPP loan: NIC'S TOBACCO OUTLET, INC.
> **$430K** approved 04/28/2020 · Paid in Full · Loan `8034847200`
## Borrower
- **Name:** NIC'S TOBACCO OUTLET, INC.
- **Address:** 3421 BEALE AVE, ALTOONA, PA, 16601-1311
- **NAICS:** 453991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Utilities:** $16K
- **Debt interest:** $28K
- **Jobs reported:** 86
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*