# PPP loan: ABEL DESIGN GROUP LTD
> **$710K** approved 03/13/2021 · Paid in Full · Loan `1242508605`
## Borrower
- **Name:** ABEL DESIGN GROUP LTD
- **Address:** 777 Post Oak Blvd Ste 350, Houston, TX, 77056-3238
- **NAICS:** 541310
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $710K
- **Initial approval:** $710K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $710K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*