# PPP loan: BASIC SOLUTIONS LTD. CO.
> **$204K** approved 04/08/2020 · Paid in Full · Loan `8690937005`
## Borrower
- **Name:** BASIC SOLUTIONS LTD. CO.
- **Address:** 1980 Post Oak Blvd Ste 1500, HOUSTON, TX, 77056-3806
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Mortgage interest:** $26K
- **Utilities:** $26K
- **Jobs reported:** 23
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*