# PPP loan: HOUSTON TRANSFORMER COMPANY LTD
> **$330K** approved 04/14/2021 · Paid in Full · Loan `3292328803`
## Borrower
- **Name:** HOUSTON TRANSFORMER COMPANY LTD
- **Address:** 5725 Braxton Dr, Houston, TX, 77036-2107
- **NAICS:** 334416
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $330K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*