# PPP loan: RAE SECURITY, INC
> **$996K** approved 04/06/2020 · Paid in Full · Loan `6364607006`
## Borrower
- **Name:** RAE SECURITY, INC
- **Address:** 7102 W Sam Houston Pkwy N Ste 100, HOUSTON, TX, 77040-3147
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $996K
- **Initial approval:** $996K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $747K
- **Mortgage interest:** $124K
- **Utilities:** $124K
- **Jobs reported:** 53
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*