# PPP loan: PRINCIPLE INFORMATION TECHNOLOGY COMPANY
> **$614K** approved 04/14/2020 · Charged Off · Loan `5745237110`
## Borrower
- **Name:** PRINCIPLE INFORMATION TECHNOLOGY COMPANY
- **Address:** 9301 Southwest FwySuite 475, Houston, TX, 77074
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $614K
- **Initial approval:** $614K
- **Status:** Charged Off
- **Term:** 11 months
## Use of funds
- **Payroll:** $614K
- **Jobs reported:** 33
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*