# PPP loan: THINKBASIC, INC.
> **$1.94M** approved 04/28/2020 · Paid in Full · Loan `8774137205`
## Borrower
- **Name:** THINKBASIC, INC.
- **Address:** 845 15TH ST SUITE 501, SAN DIEGO, CA, 92101
- **NAICS:** 541430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Rent:** $64K
- **Utilities:** $4K
- **Health care:** $94K
- **Debt interest:** $4K
- **Jobs reported:** 95
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*