# PPP loan: ENCENTRIC INC
> **$347K** approved 08/04/2020 · Paid in Full · Loan `3382288209`
## Borrower
- **Name:** ENCENTRIC INC
- **Address:** 11325 RANDOM HILLS RD, FAIRFAX, VA, 22030-0972
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 20
## 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*