# PPP loan: RYCON, INC.
> **$177K** approved 04/10/2020 · Paid in Full · Loan `1849097101`
## Borrower
- **Name:** RYCON, INC.
- **Address:** 7362 W Parks Hwy 434, WASILLA, AK, 99623
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $174K (98%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 20
## Lender
- **Originating:** Global Federal Credit Union
- **Servicing:** Global Federal Credit Union (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*