# PPP loan: PENSOFT TECHNOLOGIES, INC.
> **$264K** approved 04/27/2020 · Paid in Full · Loan `3732947200`
## Borrower
- **Name:** PENSOFT TECHNOLOGIES, INC.
- **Address:** 1300 W WALNUT HILL LN STE 175, IRVING, TX, 75038-3073
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Mortgage interest:** $7K
- **Utilities:** $7K
- **Jobs reported:** 11
## Lender
- **Originating:** Texas Heritage National Bank
- **Servicing:** Texas Heritage National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*