# PPP loan: PROMAAC SYSTEMS
> **$340K** approved 04/06/2020 · Paid in Full · Loan `6085197000`
## Borrower
- **Name:** PROMAAC SYSTEMS
- **Address:** 3903 GARMAN RD, GILLETTE, WY, 82716-1533
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $325K (96%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Mortgage interest:** $4K
- **Utilities:** $4K
- **Health care:** $39K
- **Debt interest:** $21K
- **Jobs reported:** 18
## Lender
- **Originating:** Buffalo Federal Bank
- **Servicing:** Buffalo Federal Bank (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*