# PPP loan: TECHNICON INDUSTRIES INC.
> **$510K** approved 04/01/2021 · Paid in Full · Loan `4934508708`
## Borrower
- **Name:** TECHNICON INDUSTRIES INC.
- **Address:** 4412 Republic Ct NW, Concord, NC, 28027-7722
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $510K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*