# PPP loan: PAYROLL ADMINISTRATORS, LLC
> **$410K** approved 04/10/2020 · Paid in Full · Loan `1595537101`
## Borrower
- **Name:** PAYROLL ADMINISTRATORS, LLC
- **Address:** 2221 Justin Raod #119, PMB 151, FLOWER MOUND, TX, 75028-4824
- **NAICS:** 524126
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $475K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Rent:** $20K
- **Utilities:** $10K
- **Health care:** $24K
- **Jobs reported:** 33
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*