# PPP loan: ICON EQUIPMENT DISTRIBUTORS
> **$427K** approved 04/14/2020 · Paid in Full · Loan `7033717102`
## Borrower
- **Name:** ICON EQUIPMENT DISTRIBUTORS
- **Address:** 300 RYDERS LN, EAST BRUNSWICK, NJ, 08816-2051
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Jobs reported:** 36
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*