# PPP loan: POWERSAT COMMUNICATIONS LP
> **$540K** approved 02/22/2021 · Paid in Full · Loan `3073768501`
## Borrower
- **Name:** POWERSAT COMMUNICATIONS LP
- **Address:** 2009 Spanish Oak Trl, Round Rock, TX, 78681-1304
- **NAICS:** 517312
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $540K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Security Bank of Texas
- **Servicing:** Security Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*