# PPP loan: HI-TECH PRODUCTION SYSTEMS INC.
> **$207K** approved 02/10/2021 · Paid in Full · Loan `6346218402`
## Borrower
- **Name:** HI-TECH PRODUCTION SYSTEMS INC.
- **Address:** 4005 N FM 1936, Odessa, TX, 79764-8621
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*