# PPP loan: PROXIM SOLUTIONS LLC
> **$195K** approved 07/31/2020 · Charged Off · Loan `1855138201`
## Borrower
- **Name:** PROXIM SOLUTIONS LLC
- **Address:** 14648 Timber Pt, ALPHARETTA, GA, 30004-4528
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $31K (16%)
- **Forgiveness date:** 12/22/2022
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 15
## 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*