# PPP loan: THE SILVERSAND SERVICES INC
> **$672K** approved 04/05/2020 · Paid in Full · Loan `5130787006`
## Borrower
- **Name:** THE SILVERSAND SERVICES INC
- **Address:** 2827 BARKER CYPRESS RD, HOUSTON, TX, 77084-5634
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $560K
- **Rent:** $88K
- **Utilities:** $7K
- **Health care:** $17K
- **Jobs reported:** 48
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*