# PPP loan: MEGACLIPS, LLC
> **$511K** approved 02/19/2021 · Paid in Full · Loan `1639968503`
## Borrower
- **Name:** MEGACLIPS, LLC
- **Address:** 405 E US Highway 377, Granbury, TX, 76048-2555
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $525K (103%)
- **Forgiveness date:** 10/17/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $511K
- **Utilities:** $1
- **Jobs reported:** 81
## 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*