# PPP loan: AUS-TEX PARTS AND SERVICE LTD
> **$199K** approved 04/04/2020 · Paid in Full · Loan `5020767010`
## Borrower
- **Name:** AUS-TEX PARTS AND SERVICE LTD
- **Address:** 17325 Hwy. 21, DALE, TX, 78616-3193
- **NAICS:** 453930
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $50K
- **Jobs reported:** 24
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*