# PPP loan: ELECON SERVICES INC
> **$809K** approved 04/29/2020 · Paid in Full · Loan `3947777303`
## Borrower
- **Name:** ELECON SERVICES INC
- **Address:** 424 Franklin Ave, DENVILLE, NJ, 07834-1013
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $820K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $809K
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*