# PPP loan: BASIC COMPONENTS INC
> **$405K** approved 04/27/2020 · Paid in Full · Loan `4896877204`
## Borrower
- **Name:** BASIC COMPONENTS INC
- **Address:** 1201 S. 2nd Ave, Mansfield, TX, 76063
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 28
## Lender
- **Originating:** The American National Bank of Texas
- **Servicing:** The American National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*