# PPP loan: CRESCENT SYSTEMS, INC.
> **$1.06M** approved 04/08/2020 · Paid in Full · Loan `7792347001`
## Borrower
- **Name:** CRESCENT SYSTEMS, INC.
- **Address:** 2208 WHITE CLIFF DR, RICHARDSON, TX, 75080-2557
- **NAICS:** 334111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 45
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*