# PPP loan: DAYCON PRODUCTS COMPANY, INC
> **$2.73M** approved 04/15/2020 · Paid in Full · Loan `8136947109`
## Borrower
- **Name:** DAYCON PRODUCTS COMPANY, INC
- **Address:** 16001 Trade Zone Avenue, Upper Marlboro, MD, 20774
- **NAICS:** 423850
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.73M
- **Initial approval:** $2.73M
- **Forgiven:** $2.76M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.02M
- **Rent:** $250K
- **Utilities:** $260K
- **Health care:** $195K
- **Jobs reported:** 174
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*