# PPP loan: THE GOVCON GROUP LLC
> **$388K** approved 04/10/2020 · Paid in Full · Loan `1697067103`
## Borrower
- **Name:** THE GOVCON GROUP LLC
- **Address:** 201 A Dexter St West, CHESAPEAKE, VA, 23324-3017
- **NAICS:** 236116
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $371K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 22
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*