# PPP loan: HORIZON ADVANCED SYSTEMS, INC
> **$460K** approved 04/15/2020 · Paid in Full · Loan `1900987202`
## Borrower
- **Name:** HORIZON ADVANCED SYSTEMS, INC
- **Address:** 1303 WALNUT HILL LN Ste 355, IRVING, TX, 75038-3015
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $443K
- **Rent:** $2K
- **Utilities:** $15K
- **Jobs reported:** 27
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*