# PPP loan: TEXTEMP, LLC
> **$151K** approved 05/04/2020 · Paid in Full · Loan `1796427404`
## Borrower
- **Name:** TEXTEMP, LLC
- **Address:** 3788 Sterner Mill Road, Quakertown, PA, 18951
- **NAICS:** 314999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $2K
- **Utilities:** $3K
- **Health care:** $30K
- **Jobs reported:** 12
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*