# PPP loan: ARCHANGEL SYSTEMS INC.
> **$218K** approved 01/22/2021 · Paid in Full · Loan `3947048303`
## Borrower
- **Name:** ARCHANGEL SYSTEMS INC.
- **Address:** 1635 Pumphrey Ave, Auburn, AL, 36832-4303
- **NAICS:** 334513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Southern States Bank
- **Servicing:** Southern States Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*