# PPP loan: NEARTERM CORP
> **$471K** approved 02/08/2021 · Paid in Full · Loan `5369648400`
## Borrower
- **Name:** NEARTERM CORP
- **Address:** 15915 Katy Fwy Ste 205, Houston, TX, 77094-1700
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $471K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*