# PPP loan: ENERGETIC MATERIALS & PRODUCTS INC.
> **$150K** approved 03/08/2021 · Paid in Full · Loan `8091488507`
## Borrower
- **Name:** ENERGETIC MATERIALS & PRODUCTS INC.
- **Address:** 1413 Brandi Ln, Round Rock, TX, 78681-4101
- **NAICS:** 325920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*