# PPP loan: GORECON, INC.
> **$388K** approved 04/14/2020 · Paid in Full · Loan `7870787109`
## Borrower
- **Name:** GORECON, INC.
- **Address:** 3240 Bristol Rd, Chalfont, PA, 18914
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 35
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*