# PPP loan: MONCON INC.
> **$1.74M** approved 04/12/2020 · Paid in Full · Loan `3920987100`
## Borrower
- **Name:** MONCON INC.
- **Address:** 31 South Street, Suite 2N-4, Mount Vernon, NY, 10550
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.87M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 150
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*