# PPP loan: CHECON CORPORATION
> **$1.32M** approved 04/05/2020 · Paid in Full · Loan `5118747002`
## Borrower
- **Name:** CHECON CORPORATION
- **Address:** 30 Larsen Way, ATTLEBORO FALLS, MA, 02763-1055
- **NAICS:** 335931
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 87
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*