# PPP loan: SPEC CON, INC.
> **$174K** approved 04/08/2020 · Paid in Full · Loan `7675427002`
## Borrower
- **Name:** SPEC CON, INC.
- **Address:** 2475 WENDELL BLVD, WENDELL, NC, 27591-6903
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $11K
- **Utilities:** $715
- **Health care:** $13K
- **Jobs reported:** 13
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*