# PPP loan: AMERICAN FLOOD RESEARCH, INC.
> **$1.16M** approved 04/13/2020 · Paid in Full · Loan `5613277109`
## Borrower
- **Name:** AMERICAN FLOOD RESEARCH, INC.
- **Address:** 1820 PRESTON PARK BLVD Suite 1100, PLANO, TX, 75093-3611
- **NAICS:** 624230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $928K
- **Rent:** $232K
- **Jobs reported:** 94
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*