# PPP loan: PICON MOTORS LLC
> **$200K** approved 04/13/2020 · Charged Off · Loan `4628277107`
## Borrower
- **Name:** PICON MOTORS LLC
- **Address:** 1871 Rte 9W, MILTON, NY, 12547-5018
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 14
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*