# PPP loan: CIOCCA MBSC INC
> **$454K** approved 04/15/2020 · Paid in Full · Loan `8432867103`
## Borrower
- **Name:** CIOCCA MBSC INC
- **Address:** 127 Leisure Lane, State College, PA, 16801
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $454K
- **Initial approval:** $454K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Rent:** $23K
- **Utilities:** $6K
- **Health care:** $12K
- **Debt interest:** $75K
- **Jobs reported:** 44
## 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*