# PPP loan: HYDRAULIC SYSTEMS, LLC
> **$738K** approved 04/08/2020 · Paid in Full · Loan `7681567005`
## Borrower
- **Name:** HYDRAULIC SYSTEMS, LLC
- **Address:** 27601 Commerce Oaks Dr, CONROE, TX, 77385-4405
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $674K (91%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Mortgage interest:** $74K
- **Utilities:** $74K
- **Jobs reported:** 41
## Lender
- **Originating:** Gulf Capital Bank
- **Servicing:** Gulf Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*