# PPP loan: HI-TECH PRODUCTION SYSTEMS, INC.
> **$391K** approved 04/09/2020 · Paid in Full · Loan `9079637009`
## Borrower
- **Name:** HI-TECH PRODUCTION SYSTEMS, INC.
- **Address:** 4005 FM 1936, ODESSA, TX, 79764-8621
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $391K
- **Initial approval:** $391K
- **Forgiven:** $233K (60%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Jobs reported:** 26
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*