# PPP loan: NAMITUS TECHNOLOGIES INC
> **$722K** approved 04/15/2020 · Paid in Full · Loan `9610907100`
## Borrower
- **Name:** NAMITUS TECHNOLOGIES INC
- **Address:** 9300 JOHN HICKMAN PKWY, FRISCO, TX, 75035-5714
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $722K
- **Initial approval:** $722K
- **Forgiven:** $727K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Rent:** $100K
- **Jobs reported:** 40
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*