# PPP loan: CIPHERLOC CORPORATION
> **$365K** approved 04/12/2020 · Paid in Full · Loan `4141657101`
## Borrower
- **Name:** CIPHERLOC CORPORATION
- **Address:** 6836 FM2244, AUSTIN, TX, 78746-5059
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $196K (54%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $295K
- **Rent:** $60K
- **Utilities:** $10K
- **Jobs reported:** 9
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*