# PPP loan: EMPLOYEE BENEFIT SYSTEMS INC.
> **$421K** approved 05/07/2021 · Paid in Full · Loan `7700258902`
## Borrower
- **Name:** EMPLOYEE BENEFIT SYSTEMS INC.
- **Address:** 10000 MEMORIAL DRIVE SUITE 800, HOUSTON, TX, 77024
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*