# PPP loan: NIRVANA SYSTEMS, INC.
> **$288K** approved 04/11/2020 · Paid in Full · Loan `3508817104`
## Borrower
- **Name:** NIRVANA SYSTEMS, INC.
- **Address:** 9111 Jollyville Rd. Ste. 275, AUSTIN, TX, 78759-7406
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Mortgage interest:** $72K
- **Jobs reported:** 19
## 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*