# PPP loan: PROSIS TECHNOLOGIES INC
> **$279K** approved 02/02/2021 · Paid in Full · Loan `1479958402`
## Borrower
- **Name:** PROSIS TECHNOLOGIES INC
- **Address:** 50 Cragwood Rd Ste 215, South Plainfield, NJ, 07080-2434
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $279K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*