# PPP loan: TECHCON TRENCHING, INC
> **$618K** approved 04/09/2020 · Paid in Full · Loan `1008127103`
## Borrower
- **Name:** TECHCON TRENCHING, INC
- **Address:** 631 N Nugent Ave, JOHNSON CITY, TX, 78636-4305
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Utilities:** $124K
- **Jobs reported:** 45
## Lender
- **Originating:** Johnson City Bank
- **Servicing:** Johnson City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*