# PPP loan: EIDEN SYSTEMS CORPORATION
> **$1.07M** approved 04/10/2020 · Exemption 4 · Loan `1623607107`
## Borrower
- **Name:** EIDEN SYSTEMS CORPORATION
- **Address:** 1001 Research Park Blvd, CHARLOTTESVILLE, VA, 22911-5842
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $818K
- **Forgiven:** $1.02M (95%)
- **Forgiveness date:** 07/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 54
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*