# PPP loan: NELCON, INC.
> **$161K** approved 04/27/2020 · Paid in Full · Loan `6238167200`
## Borrower
- **Name:** NELCON, INC.
- **Address:** 100 CLARK ST, PITTSBURGH, PA, 15223-2208
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $10K
- **Utilities:** $3K
- **Health care:** $10K
- **Jobs reported:** 10
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*