# PPP loan: BALLOUT 6 LLC
> **$501K** approved 04/09/2020 · Paid in Full · Loan `1055427102`
## Borrower
- **Name:** BALLOUT 6 LLC
- **Address:** 4912 MAIN ST, THE COLONY, TX, 75056-2249
- **NAICS:** 811111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 76
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*