# PPP loan: BETA-CON INC
> **$252K** approved 04/08/2020 · Paid in Full · Loan `8298847008`
## Borrower
- **Name:** BETA-CON INC
- **Address:** 300 East Chicago Street, SYRACUSE, IN, 46567-1624
- **NAICS:** 336320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Health care:** $15K
- **Jobs reported:** 32
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*