# PPP loan: IMPLICIT, LLC
> **$194K** approved 04/28/2020 · Paid in Full · Loan `9902737208`
## Borrower
- **Name:** IMPLICIT, LLC
- **Address:** 600 Congress Ave FL 14, Austin, TX, 78701-3263
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $10K (5%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $39K
- **Jobs reported:** 1
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*