# PPP loan: VINCON ELECTRIC COMPANY, INC.
> **$620K** approved 04/06/2020 · Paid in Full · Loan `6005897010`
## Borrower
- **Name:** VINCON ELECTRIC COMPANY, INC.
- **Address:** 85 Hoffman Lane, ISLANDIA, NY, 11749-5007
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 46
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*