# PPP loan: DARCON CONSTRUCTION INC
> **$280K** approved 04/12/2020 · Paid in Full · Loan `3905347109`
## Borrower
- **Name:** DARCON CONSTRUCTION INC
- **Address:** 360 Meacham Avenue, ELMONT, NY, 11003-3220
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Health care:** $35K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*