# PPP loan: TBC INC
> **$676K** approved 06/04/2020 · Paid in Full · Loan `7862287809`
## Borrower
- **Name:** TBC INC
- **Address:** 412 S. Jackson, AMARILLO, TX, 79101-1338
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $679K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Mortgage interest:** $101K
- **Utilities:** $67K
- **Jobs reported:** 51
## Lender
- **Originating:** FirstBank Southwest
- **Servicing:** FirstBank Southwest (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*