# PPP loan: LECON, INC.
> **$1.34M** approved 04/08/2020 · Paid in Full · Loan `8612927007`
## Borrower
- **Name:** LECON, INC.
- **Address:** 4302 CREEKMONT DR, HOUSTON, TX, 77091-5330
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $28K
- **Utilities:** $3K
- **Health care:** $58K
- **Debt interest:** $12K
- **Jobs reported:** 92
## Lender
- **Originating:** Bank of Houston
- **Servicing:** Bank of Houston (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*