# PPP loan: LEMCON INC
> **$518K** approved 04/08/2020 · Paid in Full · Loan `8801447004`
## Borrower
- **Name:** LEMCON INC
- **Address:** 301 Leora Lane Suite 430, Lewisville, TX, 75056-4880
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Rent:** $36K
- **Utilities:** $10K
- **Health care:** $15K
- **Jobs reported:** 22
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*