# PPP loan: BOXLIGHT CORPORATION
> **$1.01M** approved 05/07/2020 · Exemption 4 · Loan `3229267407`
## Borrower
- **Name:** BOXLIGHT CORPORATION
- **Address:** 1045 Progress Circle, Lawrenceville, GA, 30043
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $851K (84%)
- **Forgiveness date:** 03/08/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 52
## 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*