# PPP loan: TANDY ENGINEERING & ASSOCIATES, INC
> **$239K** approved 04/28/2020 · Paid in Full · Loan `9987287202`
## Borrower
- **Name:** TANDY ENGINEERING & ASSOCIATES, INC
- **Address:** 32100 Dobbin Huffsmith Rd, Magnolia, TX, 77354-6389
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Mortgage interest:** $48K
- **Jobs reported:** 12
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*