# PPP loan: TOWCON CORPORATION
> **$170K** approved 03/18/2021 · Paid in Full · Loan `4209158609`
## Borrower
- **Name:** TOWCON CORPORATION
- **Address:** 10080 Edison Square Dr NW, Concord, NC, 28027-8252
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 25
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*