# PPP loan: PRECON CORPORATION
> **$1.42M** approved 04/08/2020 · Paid in Full · Loan `8143377004`
## Borrower
- **Name:** PRECON CORPORATION
- **Address:** 115 SW 140 Terrace, NEWBERRY, FL, 32669-3364
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Health care:** $239K
- **Jobs reported:** 159
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*