# PPP loan: Z SYSTEMS CORPORATION
> **$4.89M** approved 04/27/2020 · Paid in Full · Loan `3958327205`
## Borrower
- **Name:** Z SYSTEMS CORPORATION
- **Address:** 6404 Ivy Lane, Suite 120, Greenbelt, MD, 20770
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.89M
- **Initial approval:** $5.02M
- **Forgiven:** $725K (15%)
- **Forgiveness date:** 01/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.89M
- **Jobs reported:** 456
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*