# PPP loan: EMPLOYEE OWNED HOLDINGS, INC.
> **$7.70M** approved 04/10/2020 · Paid in Full · Loan `1514457100`
## Borrower
- **Name:** EMPLOYEE OWNED HOLDINGS, INC.
- **Address:** 16330 CENTRAL GREEN BLVD Ste 200, HOUSTON, TX, 77032-5145
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.70M
- **Initial approval:** $7.70M
- **Forgiven:** $7.79M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.59M
- **Rent:** $100K
- **Utilities:** $13K
- **Jobs reported:** 289
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*