# PPP loan: ALLTECH SYSTEMS INC
> **$917K** approved 04/13/2020 · Paid in Full · Loan `5004207104`
## Borrower
- **Name:** ALLTECH SYSTEMS INC
- **Address:** 10333 HARWIN DR STE 673, HOUSTON, TX, 77036-1501
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $917K
- **Initial approval:** $917K
- **Forgiven:** $927K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $688K
- **Rent:** $115K
- **Utilities:** $115K
- **Jobs reported:** 47
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*