# PPP loan: ASC PRODUCTION SERVICES LTD
> **$280K** approved 03/25/2021 · Paid in Full · Loan `8554958601`
## Borrower
- **Name:** ASC PRODUCTION SERVICES LTD
- **Address:** 721 B T Washington Ave, Teague, TX, 75860-2171
- **NAICS:** 484121
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 19
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*