# PPP loan: STATE SERVICE COMPANY INC
> **$1.21M** approved 01/19/2021 · Paid in Full · Loan `1571008304`
## Borrower
- **Name:** STATE SERVICE COMPANY INC
- **Address:** 919 County Road 4714, Ingleside, TX, 78362-4816
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*