# PPP loan: APPLIED INFORMATION SCIENCES, INC.
> **$7.68M** approved 04/09/2020 · Paid in Full · Loan `1124547108`
## Borrower
- **Name:** APPLIED INFORMATION SCIENCES, INC.
- **Address:** 11440 COMMERCE PARK DR Ste 600, RESTON, VA, 20191-1506
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.68M
- **Initial approval:** $7.68M
- **Forgiven:** $7.23M (94%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.90M
- **Rent:** $85K
- **Health care:** $692K
- **Jobs reported:** 321
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*