# PPP loan: RICON INC
> **$989K** approved 02/22/2021 · Paid in Full · Loan `2745518506`
## Borrower
- **Name:** RICON INC
- **Address:** 2601 HIGHWAY 82 W, CROSSETT, AR, 71635
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $989K
- **Initial approval:** $989K
- **Forgiven:** $997K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $989K
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** Century Next Bank
- **Servicing:** Century Next Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*