# PPP loan: B C S SWITCHGEAR INC
> **$261K** approved 01/23/2021 · Paid in Full · Loan `4776938309`
## Borrower
- **Name:** B C S SWITCHGEAR INC
- **Address:** 4790 US Highway 377 S, Krugerville, TX, 76227-2813
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*