# PPP loan: ORBIT LOGIC INCORPORATED
> **$1.04M** approved 04/10/2020 · Paid in Full · Loan `2285547103`
## Borrower
- **Name:** ORBIT LOGIC INCORPORATED
- **Address:** 7852 Walker Drive Suite 400, GREENBELT, MD, 20770-3200
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Jobs reported:** 52
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*