# PPP loan: SGS ENGINEERING, LLC
> **$783K** approved 04/09/2020 · Paid in Full · Loan `9723787010`
## Borrower
- **Name:** SGS ENGINEERING, LLC
- **Address:** 401 50TH ST, LUBBOCK, TX, 79404-3633
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Rent:** $78K
- **Utilities:** $78K
- **Jobs reported:** 37
## 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*