# PPP loan: CALTECH SOFTWARE SYSTEMS, INC.
> **$1.55M** approved 04/10/2020 · Paid in Full · Loan `2350897100`
## Borrower
- **Name:** CALTECH SOFTWARE SYSTEMS, INC.
- **Address:** 940 Arroyo, SAN ANGELO, TX, 76903-9345
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $127K
- **Utilities:** $20K
- **Jobs reported:** 106
## Lender
- **Originating:** The First National Bank of Sonora
- **Servicing:** The First National Bank of Sonora (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*