# PPP loan: PROPELSYS TECHNOLOGIES, LLC
> **$900K** approved 04/28/2020 · Paid in Full · Loan `7186367203`
## Borrower
- **Name:** PROPELSYS TECHNOLOGIES, LLC
- **Address:** 4975 PRESTON PARK BLVD Suite #70, PLANO, TX, 75093-5158
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $905K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $675K
- **Mortgage interest:** $113K
- **Utilities:** $113K
- **Jobs reported:** 40
## Lender
- **Originating:** Great Plains National Bank
- **Servicing:** Great Plains National Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*