# PPP loan: INEMSOFT INC
> **$260K** approved 04/12/2020 · Paid in Full · Loan `3762377109`
## Borrower
- **Name:** INEMSOFT INC
- **Address:** 5850 Town & Country Blvd  Ste 401, FRISCO, TX, 75034-0301
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 14
## 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*