# PPP loan: EDCON INC.
> **$483K** approved 04/29/2020 · Paid in Full · Loan `2392617302`
## Borrower
- **Name:** EDCON INC.
- **Address:** 4 MULBERRY ST, PEAK, SC, 29122
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $471K (98%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 39
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*