# PPP loan: HALO MARITIME DEFENSE SYSTEMS, INC
> **$375K** approved 04/15/2020 · Paid in Full · Loan `1798367207`
## Borrower
- **Name:** HALO MARITIME DEFENSE SYSTEMS, INC
- **Address:** 5 Puzzle Lane P.O. BOX 449, Newton, NH, 03858
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 16
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*