# PPP loan: REMCON PLASTICS INC
> **$866K** approved 04/09/2020 · Paid in Full · Loan `9163557001`
## Borrower
- **Name:** REMCON PLASTICS INC
- **Address:** 208 CHESTNUT ST, READING, PA, 19602-1809
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $866K
- **Initial approval:** $866K
- **Forgiven:** $873K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $765K
- **Rent:** $28K
- **Utilities:** $74K
- **Jobs reported:** 81
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*