# PPP loan: BENCO INC
> **$393K** approved 04/07/2020 · Paid in Full · Loan `6572837010`
## Borrower
- **Name:** BENCO INC
- **Address:** 10 Madison Rd Suite E, FAIRFIELD, NJ, 07004-2309
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $393K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Jobs reported:** 27
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*