# PPP loan: SAIPSIT, INC.
> **$966K** approved 04/15/2020 · Paid in Full · Loan `9984427103`
## Borrower
- **Name:** SAIPSIT, INC.
- **Address:** 10998 S WILCREST DR Suite 123, HOUSTON, TX, 77099-3549
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $966K
- **Initial approval:** $966K
- **Forgiven:** $972K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $725K
- **Mortgage interest:** $121K
- **Utilities:** $121K
- **Jobs reported:** 49
## Lender
- **Originating:** Great Plains National Bank
- **Servicing:** Great Plains National Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*