# PPP loan: FIRST E-COMMERCE, INC.
> **$622K** approved 04/11/2020 · Paid in Full · Loan `3549967110`
## Borrower
- **Name:** FIRST E-COMMERCE, INC.
- **Address:** 1011 W. Anderson Lane, Austin, TX, 78757-1547
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 75
## 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*