# PPP loan: ESCON GROUP, INC.
> **$1.40M** approved 04/04/2020 · Paid in Full · Loan `4786997008`
## Borrower
- **Name:** ESCON GROUP, INC.
- **Address:** 6 Johnson Court, BAY CITY, MI, 48708-5483
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Rent:** $33K
- **Utilities:** $54K
- **Health care:** $149K
- **Jobs reported:** 92
## Lender
- **Originating:** Isabella Bank
- **Servicing:** Isabella Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*