# PPP loan: UTS SYSTEMS, LLC
> **$309K** approved 04/06/2020 · Paid in Full · Loan `6314847010`
## Borrower
- **Name:** UTS SYSTEMS, LLC
- **Address:** 36 Tupelo Avenue SE, FORT WALTON BEACH, FL, 32548-5435
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $39K
- **Mortgage interest:** $231K
- **Utilities:** $39K
- **Jobs reported:** 19
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*