# PPP loan: ROCCO J. TESTANI INC
> **$288K** approved 04/15/2020 · Paid in Full · Loan `9123667103`
## Borrower
- **Name:** ROCCO J. TESTANI INC
- **Address:** 29 Phelps Street, Binghamton, NY, 13901
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $14K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Health care:** $14K
- **Jobs reported:** 33
## 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*