# PPP loan: ECONOCO CORPORATION
> **$786K** approved 01/21/2021 · Paid in Full · Loan `3262308306`
## Borrower
- **Name:** ECONOCO CORPORATION
- **Address:** 300 Karin Ln, Hicksville, NY, 11801-5358
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $786K
- **Initial approval:** $786K
- **Forgiven:** $794K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $786K
- **Jobs reported:** 50
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*