# PPP loan: MOMENTARY LAPSE MANAGEMENT, INC.
> **$381K** approved 04/09/2020 · Paid in Full · Loan `9137227003`
## Borrower
- **Name:** MOMENTARY LAPSE MANAGEMENT, INC.
- **Address:** 16628 SEA LARK RD, HOUSTON, TX, 77062-5819
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $22K
- **Mortgage interest:** $341K
- **Utilities:** $7K
- **Debt interest:** $11K
- **Jobs reported:** 31
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*