# PPP loan: TRAFFIC SYSTEMS, INC.
> **$943K** approved 04/05/2020 · Paid in Full · Loan `5403487006`
## Borrower
- **Name:** TRAFFIC SYSTEMS, INC.
- **Address:** 520 FM 646 RD, DICKINSON, TX, 77539-7489
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $950K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $913K
- **Rent:** $12K
- **Utilities:** $10K
- **Debt interest:** $8K
- **Jobs reported:** 76
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*