# PPP loan: NEW RIVER SYSTEMS CORPORATION
> **$960K** approved 04/28/2020 · Paid in Full · Loan `1257087301`
## Borrower
- **Name:** NEW RIVER SYSTEMS CORPORATION
- **Address:** 19775 Belmont Executive Plaza, Ste 305, Ashburn, VA, 20147
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $960K
- **Initial approval:** $960K
- **Forgiven:** $972K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $960K
- **Jobs reported:** 78
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*