# PPP loan: COMPONENTS CORPORATION OF AMERICA
> **$2.56M** approved 04/14/2020 · Paid in Full · Loan `7978277100`
## Borrower
- **Name:** COMPONENTS CORPORATION OF AMERICA
- **Address:** 5950 BERKSHIRE LN, DALLAS, TX, 75225-6038
- **NAICS:** 551114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.56M
- **Initial approval:** $2.56M
- **Forgiven:** $2.59M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Mortgage interest:** $511K
- **Jobs reported:** 156
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*