# PPP loan: NEOVERA INC
> **$1.38M** approved 02/05/2021 · Paid in Full · Loan `3478268404`
## Borrower
- **Name:** NEOVERA INC
- **Address:** 1840 Michael Faraday Dr Ste 240, Reston, VA, 20190-5351
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 53
## Lender
- **Originating:** Bank of Clarke
- **Servicing:** Bank of Clarke (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*