# PPP loan: RAND GROUP SOLUTIONS, LLC
> **$1.21M** approved 04/04/2020 · Paid in Full · Loan `5010867001`
## Borrower
- **Name:** RAND GROUP SOLUTIONS, LLC
- **Address:** 6575 WEST LOOP, BELLAIRE, TX, 77401-3604
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $906K
- **Mortgage interest:** $150K
- **Utilities:** $150K
- **Jobs reported:** 81
## 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*