# PPP loan: BALCON ENTERPRISES, INC.
> **$253K** approved 04/03/2020 · Paid in Full · Loan `4505367001`
## Borrower
- **Name:** BALCON ENTERPRISES, INC.
- **Address:** 2007 Jack Nicklaus, ELK POINT, SD, 57025-0799
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $63K
- **Jobs reported:** 38
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*