# PPP loan: TECH SYSTEMS, INC.EMPLOYEE STOCK OWNERSHIP TRUST
> **$6.48M** approved 04/10/2020 · Paid in Full · Loan `1187587106`
## Borrower
- **Name:** TECH SYSTEMS, INC.EMPLOYEE STOCK OWNERSHIP TRUST
- **Address:** 4942 SUMMER OAK DR, BUFORD, GA, 30518-0405
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.48M
- **Initial approval:** $6.48M
- **Forgiven:** $6.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.48M
- **Jobs reported:** 381
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*