# PPP loan: EGC COMPRESSORS INC.
> **$574K** approved 03/16/2021 · Paid in Full · Loan `3127548610`
## Borrower
- **Name:** EGC COMPRESSORS INC.
- **Address:** 2020 N Lexington Blvd, Corpus Christi, TX, 78409-1335
- **NAICS:** 532490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $574K
- **Jobs reported:** 31
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*