# PPP loan: TECHCOMP USA INC
> **$309K** approved 04/27/2020 · Paid in Full · Loan `6279197205`
## Borrower
- **Name:** TECHCOMP USA INC
- **Address:** 4801 SW Pkwy Ste 125, AUSTIN, TX, 78735
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $315K (102%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $308K
- **Mortgage interest:** $1K
- **Jobs reported:** 16
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*