# PPP loan: ARECON LTD
> **$168K** approved 04/13/2020 · Paid in Full · Loan `5192427107`
## Borrower
- **Name:** ARECON LTD
- **Address:** 2633 A  WHITEHORSE HAMILTON SQUARE RD, Hamilton, NJ, 08690-2717
- **NAICS:** 541620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 12
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*