# PPP loan: SANCON TECHNOLOGIES, INC
> **$548K** approved 04/13/2020 · Paid in Full · Loan `5281237100`
## Borrower
- **Name:** SANCON TECHNOLOGIES, INC
- **Address:** 5841 ENGINEER DR, HUNTINGTON BEACH, CA, 92649-1127
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $550K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Jobs reported:** 21
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*