# PPP loan: LOCCINO INC
> **$194K** approved 03/12/2021 · Paid in Full · Loan `9603288505`
## Borrower
- **Name:** LOCCINO INC
- **Address:** 5600 Crooks Rd Ste 106, Troy, MI, 48098-2803
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 04/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*