# PPP loan: SYSTEMS ENGINEERING & MANUFACTURING INC
> **$421K** approved 04/12/2020 · Paid in Full · Loan `3925827108`
## Borrower
- **Name:** SYSTEMS ENGINEERING & MANUFACTURING INC
- **Address:** 2660 Perrowville Rd, FOREST, VA, 24551-1859
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Utilities:** $8K
- **Jobs reported:** 39
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*