# PPP loan: FAB-CON INDUSTRIES INC
> **$612K** approved 04/05/2020 · Paid in Full · Loan `5163327004`
## Borrower
- **Name:** FAB-CON INDUSTRIES INC
- **Address:** 1201 TOWER SQUARE PLZ, MARION, IL, 62959-2634
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Rent:** $15K
- **Mortgage interest:** $15K
- **Utilities:** $3K
- **Health care:** $47K
- **Jobs reported:** 28
## Lender
- **Originating:** Farmers State Bank of Alto Pass, Illinois
- **Servicing:** Farmers State Bank of Alto Pass, Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*