# PPP loan: SOVEREIGN TECHNOLOGIES LLC
> **$437K** approved 05/04/2020 · Paid in Full · Loan `1317747410`
## Borrower
- **Name:** SOVEREIGN TECHNOLOGIES LLC
- **Address:** 13421 MANCHESTER RD, SAINT LOUIS, MO, 63131-4401
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $437K
- **Initial approval:** $437K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Mortgage interest:** $109K
- **Jobs reported:** 26
## Lender
- **Originating:** Montgomery Bank
- **Servicing:** Montgomery Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*