# PPP loan: SOVEREIGN BUILDERS INC.
> **$285K** approved 02/03/2021 · Paid in Full · Loan `2312158401`
## Borrower
- **Name:** SOVEREIGN BUILDERS INC.
- **Address:** 1825 Upland Dr, Houston, TX, 77043-3003
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 04/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*