# PPP loan: NICO, INC.
> **$253K** approved 04/09/2020 · Paid in Full · Loan `8898857004`
## Borrower
- **Name:** NICO, INC.
- **Address:** 174 Main Ave, WYNANTSKILL, NY, 12198-7512
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Rent:** $7K
- **Utilities:** $4K
- **Jobs reported:** 48
## 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*