# PPP loan: HUGHES SYSTEMS INDUSTRIAL INC.
> **$414K** approved 03/23/2021 · Paid in Full · Loan `6396708601`
## Borrower
- **Name:** HUGHES SYSTEMS INDUSTRIAL INC.
- **Address:** 6226 RUPLEY CIR, HOUSTON, TX, 77087
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 32
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*