# PPP loan: PRACTICAL SYSTEMS INCORPORATED
> **$285K** approved 04/15/2020 · Paid in Full · Loan `2274167210`
## Borrower
- **Name:** PRACTICAL SYSTEMS INCORPORATED
- **Address:** 11617 PROSPECT DR, ODESSA, FL, 33556-3428
- **NAICS:** 339115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 21
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*