# PPP loan: ELITE HYDROSTATIC TESTING LLC
> **$196K** approved 04/09/2020 · Paid in Full · Loan `1031177105`
## Borrower
- **Name:** ELITE HYDROSTATIC TESTING LLC
- **Address:** 871 Feed Store Rd, BOWIE, TX, 76230-1982
- **NAICS:** 541380
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Mortgage interest:** $49K
- **Jobs reported:** 14
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*