# PPP loan: DATASOFT INC.
> **$512K** approved 04/15/2020 · Paid in Full · Loan `1979637204`
## Borrower
- **Name:** DATASOFT INC.
- **Address:** 41875 W. 11 Mile Road, Ste. 204, Novi, MI, 48375-1877
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*