# PPP loan: BCN HOLDINGS, INC
> **$1.46M** approved 04/06/2020 · Paid in Full · Loan `5772857005`
## Borrower
- **Name:** BCN HOLDINGS, INC
- **Address:** 151 WEST EVANS ST, FLORENCE, SC, 29501-3425
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Health care:** $126K
- **Jobs reported:** 87
## Lender
- **Originating:** Carolina Bank & Trust Co.
- **Servicing:** Carolina Bank & Trust Co. (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*