# PPP loan: AUTOMOTIVE RESEARCH CONSULTANTS, LTD
> **$228K** approved 04/09/2020 · Paid in Full · Loan `9540977005`
## Borrower
- **Name:** AUTOMOTIVE RESEARCH CONSULTANTS, LTD
- **Address:** 3301 Longmire Dr, COLLEGE STATION, TX, 77845-5811
- **NAICS:** 541330
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $57K
- **Jobs reported:** 12
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*