# PPP loan: PROCENTURE LLC
> **$200K** approved 04/11/2020 · Charged Off · Loan `3422017110`
## Borrower
- **Name:** PROCENTURE LLC
- **Address:** 2014 WENTWORTH ST, HOUSTON, TX, 77004-6084
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $50K (25%)
- **Forgiveness date:** 02/08/2023
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 6
## 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*