# PPP loan: EVANS COMPOSITES INC
> **$365K** approved 01/29/2021 · Paid in Full · Loan `8648518305`
## Borrower
- **Name:** EVANS COMPOSITES INC
- **Address:** 300 S Wisteria St, Mansfield, TX, 76063-2454
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*