# PPP loan: METROCON, INCORPORATED
> **$265K** approved 04/12/2020 · Paid in Full · Loan `4117757107`
## Borrower
- **Name:** METROCON, INCORPORATED
- **Address:** 3516 BUSH ST Suite 100, RALEIGH, NC, 27609-7509
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $18K
- **Jobs reported:** 16
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*