# PPP loan: ACTITECH, LP
> **$236K** approved 04/13/2020 · Paid in Full · Loan `5557217107`
## Borrower
- **Name:** ACTITECH, LP
- **Address:** 301 W FM 1417, SHERMAN, TX, 75092
- **NAICS:** 325199
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $24K
- **Health care:** $24K
- **Jobs reported:** 23
## 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*