# PPP loan: DEVTECH SYSTEMS INC
> **$2.35M** approved 04/15/2020 · Exemption 4 · Loan `2167827201`
## Borrower
- **Name:** DEVTECH SYSTEMS INC
- **Address:** 1700 N MOORE ST, ARLINGTON, VA, 22209
- **NAICS:** 541720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.35M
- **Initial approval:** $2.35M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.35M
- **Jobs reported:** 89
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*