# PPP loan: POWERSOLV, INC.
> **$414K** approved 04/10/2020 · Paid in Full · Loan `1778767103`
## Borrower
- **Name:** POWERSOLV, INC.
- **Address:** 1801 ROBERT FULTON DR Suite 550, RESTON, VA, 20191-4341
- **NAICS:** 541513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 29
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*