# PPP loan: BBIS INC.
> **$199K** approved 04/14/2020 · Paid in Full · Loan `7824837110`
## Borrower
- **Name:** BBIS INC.
- **Address:** 7407 SPENCER HWY SUITE 220, PASADENA, TX, 77505-1869
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 21
## Lender
- **Originating:** Capital Bank
- **Servicing:** Capital Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*