# PPP loan: PEGASUS VERTEX, INC.
> **$300K** approved 04/16/2020 · Paid in Full · Loan `2791657202`
## Borrower
- **Name:** PEGASUS VERTEX, INC.
- **Address:** 6100 CORPORATE DR STE 448, HOUSTON, TX, 77036
- **NAICS:** 511210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $12K
- **Utilities:** $800
- **Health care:** $13K
- **Debt interest:** $4K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*