# PPP loan: PICON AUTO GROUP LLC
> **$199K** approved 07/13/2020 · Paid in Full · Loan `2978128105`
## Borrower
- **Name:** PICON AUTO GROUP LLC
- **Address:** HAMPTON HOUSE RD 20 Hampton House Rd, NEWTON, NJ, 07860-1408
- **NAICS:** 441110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $202K (102%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 14
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*