# PPP loan: SOLID IT NETWORKS, INC.
> **$394K** approved 04/04/2020 · Paid in Full · Loan `5055787005`
## Borrower
- **Name:** SOLID IT NETWORKS, INC.
- **Address:** 16507 Hedgecroft Dr, HOUSTON, TX, 77060-3614
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 24
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*