# PPP loan: BEARD INTEGRATED SYSTEMS, INC
> **$4.86M** approved 04/14/2020 · Paid in Full · Loan `5740277101`
## Borrower
- **Name:** BEARD INTEGRATED SYSTEMS, INC
- **Address:** 11245 Indian Trail, DALLAS, TX, 75229-3519
- **NAICS:** 333242
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.86M
- **Initial approval:** $4.86M
- **Forgiven:** $4.91M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.44M
- **Rent:** $123K
- **Utilities:** $55K
- **Debt interest:** $237K
- **Jobs reported:** 224
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*