# PPP loan: ELCON ENTERPRISES, INC.
> **$4.81M** approved 04/09/2020 · Paid in Full · Loan `9984777005`
## Borrower
- **Name:** ELCON ENTERPRISES, INC.
- **Address:** 8231 PENN RANDALL PL, UPPER MARLBORO, MD, 20772-2605
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.81M
- **Initial approval:** $4.81M
- **Forgiven:** $4.86M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.81M
- **Jobs reported:** 206
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*