# PPP loan: SIMPLAN ADMINISTRATORS, INC.
> **$172K** approved 04/05/2020 · Paid in Full · Loan `5155657009`
## Borrower
- **Name:** SIMPLAN ADMINISTRATORS, INC.
- **Address:** 5502 58th St, Ste 700, LUBBOCK, TX, 79414-2000
- **NAICS:** 524114
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 24
## Lender
- **Originating:** First United Bank
- **Servicing:** First United Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*