# PPP loan: SPEED TECHNICAL SERVICES, LLC
> **$462K** approved 04/14/2020 · Paid in Full · Loan `7197967103`
## Borrower
- **Name:** SPEED TECHNICAL SERVICES, LLC
- **Address:** 8710 UNITY DR, BAYTOWN, TX, 77523-2502
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $31K
- **Utilities:** $8K
- **Debt interest:** $7K
- **Jobs reported:** 30
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*