# PPP loan: AUTOMATION AND VALIDATION SOLUTIONS INC
> **$421K** approved 02/03/2021 · Paid in Full · Loan `2323788408`
## Borrower
- **Name:** AUTOMATION AND VALIDATION SOLUTIONS INC
- **Address:** 725 Skippack Pike, Blue Bell, PA, 19422-1741
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $422K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Quaint Oak Bank
- **Servicing:** Quaint Oak Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*