# PPP loan: PIC BUSINESS SYSTEMS, INC.
> **$542K** approved 04/09/2020 · Paid in Full · Loan `8965577004`
## Borrower
- **Name:** PIC BUSINESS SYSTEMS, INC.
- **Address:** 5119 BECKWITH BLVD STE 106, SAN ANTONIO, TX, 78249-2256
- **NAICS:** 541614
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $54K
- **Utilities:** $27K
- **Health care:** $27K
- **Debt interest:** $27K
- **Jobs reported:** 22
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*