# PPP loan: COMPUCYCLE INC
> **$311K** approved 04/28/2020 · Paid in Full · Loan `7542337202`
## Borrower
- **Name:** COMPUCYCLE INC
- **Address:** 8019 Kempwood Dr, HOUSTON, TX, 77055-1207
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $310K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 23
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*