# PPP loan: NICOFORM INC.
> **$318K** approved 04/15/2020 · Paid in Full · Loan `9278407100`
## Borrower
- **Name:** NICOFORM INC.
- **Address:** 72 Cascade Drive, Rochester, NY, 14614
- **NAICS:** 333514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Health care:** $35K
- **Jobs reported:** 21
## 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*