# PPP loan: CONTROL PANELS USA INC
> **$938K** approved 04/08/2020 · Paid in Full · Loan `8775997000`
## Borrower
- **Name:** CONTROL PANELS USA INC
- **Address:** 16310 Bratton Lane Bldg 1 Ste 100, AUSTIN, TX, 78728
- **NAICS:** 335313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Forgiven:** $944K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $704K
- **Rent:** $50K
- **Mortgage interest:** $50K
- **Utilities:** $5K
- **Health care:** $130K
- **Jobs reported:** 80
## Lender
- **Originating:** First Texas Bank
- **Servicing:** First Texas Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*