# PPP loan: PROJECTC.NET, INC
> **$163K** approved 04/08/2020 · Paid in Full · Loan `8700987003`
## Borrower
- **Name:** PROJECTC.NET, INC
- **Address:** 3821 JUNIPER TRACE SUITE 205, AUSTIN, TX, 78738-5505
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $139K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Mortgage interest:** $6K
- **Utilities:** $3K
- **Jobs reported:** 5
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*