# PPP loan: PRINCIPAL SERVICES LTD
> **$877K** approved 01/21/2021 · Paid in Full · Loan `2829878310`
## Borrower
- **Name:** PRINCIPAL SERVICES LTD
- **Address:** 27080 Mandell Rd, Cleveland, TX, 77328-7142
- **NAICS:** 532412
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $885K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $877K
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*