# PPP loan: TEXAS SYSTEMS GROUP
> **$432K** approved 04/11/2020 · Paid in Full · Loan `2759707106`
## Borrower
- **Name:** TEXAS SYSTEMS GROUP
- **Address:** 2204 FORBES DR Suite 101, AUSTIN, TX, 78754-5142
- **NAICS:** 519190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 38
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*